How will artificial intelligence affect our lives in the future?
As a curious technology enthusiast, a few days ago he was reading about the buzzwords of this century: artificial intelligence and machine learning. It was completely fascinating to see how these technologies are evolving and are likely to change the future of human life on earth. This is why I decided to dedicate this article to the future of artificial intelligence so that together we can explore the possibilities of a new era with machine learning and artificial intelligence.
The future of artificial intelligence: less artificial, smarter
“[AI] is going to change the world more than anything in human history. More than electricity. – Oracle of AI and Venture Capitalist Dr. Kai-Fu Lee, 2018
From driverless cars to voice automation in homes, artificial intelligence has advanced rapidly and is no longer just a concept in science fiction books and movies. The future of artificial intelligence is coming faster than the predictions presented in the feature film "Minority Report" that it takes place in 2054. According to a study by scientists at the University of Oxford, artificial intelligence will be better than humans at translating languages by 2024. writing school essays by 2026, selling products by 2031, writing a best-selling book by 2049, and performing surgeries by 2053. In the coming years, AI will become an integral part of our lives, reaching the level of super-intelligent machines to surpass to the humans. intellectual skills.
Imagine opening your hotel room door without a key, but using facial recognition tools. Your face will become your identity making daily transactions easier and more efficient
Prepare for smaller drones to deliver your products to your doorstep within minutes of placing an order.
AI-powered virtual assistants will make human-like calls to schedule appointments, for example, at your neighborhood salon by understanding the nuances and context of the conversation.
Get ready to be operated on by a surgeon robot. For years to come, a physical surgeon will be just a bystander as a robot performs surgery and helps patients better understand their care options.
These are just a few examples of how artificial intelligence will change the future. Artificial Intelligence Future breakthroughs still seem a long way off, but they will be here sooner than we may think. Major tech companies are in a race to implement AI into our daily lives, leading to a truly fantastic and exciting AI future.
How will AI change the future?
Based on recent technological advances in AI, here is how artificial intelligence will change the future:
1. The future of artificial intelligence in healthcare
Almost 86% of errors are preventable in healthcare and AI will play a vital role in this. The future of AI in healthcare is a step towards democratizing healthcare for the benefit of patients and healthcare professionals, while making it more affordable and accurate through predictive, evidence-based care. intelligence. 'I A. Predictive analytics coupled with artificial intelligence can help understand various factors (place of birth, dietary habits, local air pollution levels, etc.) that influence a person's health. In the future, we can expect AI-powered healthcare systems to anticipate when someone is most likely to develop a chronic disease and suggest preventative medicines to cure them before they die. 'worsen.
With various kinds of ongoing research on developing AI-powered applications to help doctors diagnose and treat patients, AI is sure to be a game changer in delivering better healthcare to patients. You can expect a totally different future for healthcare as robots interact with patients, monitor their health, and assess the need for a doctor's appointment. We will always need doctors, nurses, scientists, and the list goes on. However, AI will simplify our lives by making the health and clinical data we generate more actionable.
The future of artificial intelligence in retail
Global AI in the retail market is expected to grow by more than $5 million by 2022.
According to a Capgemini study on the impact of AI in retail, if retailers implement AI into their business operations, it can save them more than $340 billion by 2022.
Accenture reports that AI investments in retail will increase revenue by 38% by the end of 2002.
These statistics are clear proof that AI promises a great future for retailers with various possibilities of use for better business decision making. In the future, you can expect packages up to 5 pounds to be delivered in less than 30 minutes, all thanks to AI-powered drones.
Amazon is already working on it to determine the safety and reliability of package delivery operations, but there is no tentative date yet on the commercial use of these drones. However, in the next decade, you can anticipate the autonomous delivery of goods and food immediately with drones.
Not just autonomous delivery, but the future of AI in retail is more autonomous and individualized with realistic scenarios including personalized virtual shelves based on data-defined personality, screen-connected walk-in closets, and much more personalization based on past history. and trends that make consumer choices less stressful and chaotic.
2. The future of artificial intelligence in banking
According to IHS Markit's AI in Banking report, the global business value of AI in banking is expected to reach $300 billion by the end of 2030. Artificial intelligence is expected to take center stage over the next decade in verticals such as business intelligence and security. with reduced cost. , higher productivity and better customer experiences. Wealth management Robo Advisors will become commonplace and be a game changer in the banking space, saving wealth managers and clients a lot of time. The banks of the future will not only personalize their services and products, but will use AI to personalize the customer experience. A good example of such personalization would be eliminating the need to present an ID card when entering a bank branch and still being greeted with your name and full knowledge of your bank account history.
3. AI to open millions of new job opportunities
"Artificial intelligence is going to take our jobs!" is the most common fear surrounding artificial intelligence in the future. With artificial intelligence automating all kinds of work, we can envision a more comfortable future for ourselves that will create new jobs, not displace them. According to a report on the future of jobs by the World Economic Forum, AI will create 58 million new artificial intelligence jobs by 2022. There is a good chance that by 2030 AI will outperform humans in most mental tasks, but that does not mean it will kill jobs.
In fact, the Indian AI industry doubled in size in 2019 compared to the previous year. In just one year, 3 times more companies are working on AI-based projects and this dynamic should continue. India nearly doubled its AI engineers in 2019 (from 40,000 in 2018 to 72,000 in 2019), but still faces a talent shortage. The growth of India's AI industry is fueled by professionals moving into AI engineering positions by upgrading through various tutored AI courses.
The future of artificial intelligence is coming soon! The time has come to prepare for the AI era by investing in education and training. The choice is yours: will you hone your skills to stay ahead of the game or stay put and stuck in the industry? Aren't you excited to be a part of this fourth industrial revolution? Contact our career advisors to find out how Springboard's AI course can help you sharpen your skills and land a top AI job at one of the largest technology companies.
Social Plugin