We entered a new period where machines can really be described as intelligent and capable of thinking and learning. Given the strides made so far with AI and machine learning, it does not take a crystal ball to see that the future will undoubtedly include increased spending, research, development, and deployment of more AI-driven innovations in the areas of industry, science, and in daily life. Here are some trends you can expect to unfold during the coming year.
Greater Human and AI Cooperation and Interaction
Bots and AI-powered tools are becoming more and more common in the, workplace. Rather than tools built to replace humans, you will see the building of AI-powered tools designed to optimize human skills- the ability to be creative, imaginative, strategic, and communicative. AI will help us make sense of huge data sets with superfast analytic abilities that are updated in real-time. This decade will usher in a new era of cooperation between man and machine.
AI Moves to the Edge
AI has been living primarily in the cloud. One of the developments with AI is that algorithms are becoming more efficient, and they can run on low-power devices. This means that AI is now able to occur and live at the edge-the point where data is gathered and used. This shift in paradigm is going to continue to gain popularity. AI-Powered insights will become a reality outside of times and places where there is superfast fiber optic and mobile network availability. There is likely to be an increase in customer processors that will become a greater part of the technology we use and interact with every day. We will also be able to use this technology even when internet connections are sporadic or non-existent.
AI in Business
AI is moving beyond the basic automation of manual tasks in manufacturing and production lines. AI is moving into the office. Software-based robots will take on a lot of the repetitive office tasks such as filling out forms, generating reports, and process documentation. This level of robotic process automation will free people from time-consuming administrative work so their time can be more focused on complex tasks, strategic and creative thinking, and interpersonal tasks. Accounting is only one area where we are already seeing the effects of software-based robotics taking over administrative tasks.