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Read the report published by Inkwood Research on “Global Artificial Intelligence market

Technological developments in Artificial Intelligence have increased by leaps and bounds. According to Amazon CEO, Jeff Bezos, “AI is at a renaissance, it is a golden age.” He further went on to add at the 2017 Internet Association’s annual gala, that artificial intelligence is now solving problems that were once only in the realm of science fiction. A classic example for this is Apple iOS’s Siri, which is an artificial intelligent personal assistance, similar to the likes of Tony Stark’s J.A.R.V.I.S.

In many ways, Artificial Intelligence is fast becoming an integral part of our everyday life. Areas like healthcare, education, automotive and transportation, media and entertainment, resources and utilities, retail, etc. are increasingly adopting these technologies for better outputs. According to Ray Kurzweil, an American futurist and inventor, “Artificial intelligence will reach human levels by around 2029. Follow that out further to, say, 2045; we will have multiplied the intelligence, the human biological machine intelligence of our civilization by a billion-fold.”

Machine Learning and Deep Learning: Your wish is their Command!

Ever wondered how Google suggests words for completing a query even before you finish typing it? Or how you get related articles or suggestions on your social media feeds according to your preferences?  All of this can be credited to the implementation of machine learning as well as deep learning technology. They are algorithms that analyze the data, learn from it and then apply the acquired knowledge to make informed decisions. Essentially, both of them perform the same functions. However, deep learning can be considered as being more advanced of the two, as it is capable of independent computing (just like a human brain) through its artificial neural network; whereas a machine learning model needs to be guided for accurate predictions by providing additional data.

Machine 1, humans 0

In today’s world, where there is a huge demand for online and video-gaming, artificial intelligence is fast being employed to excite responses or intelligent behaviors similar to humans, especially from the non-player characters. The technology has advanced so far that it has even started beating humans at their own game! (no pun intended). For instance, a computer software program name Alpha Go, developed by Google Deep Mind, beat the world #1 ranked player, Chinese grandmaster Ke Jie in a three-way match at the Future of Go Summit, 2017.This is just a start, as many researchers believe that Artificial intelligence holds a potential to overshadow human intelligence in the future. If that happens, a new age of CYBORGS is imminent!

Robotics: the potential alternative to human effort

In the year 1962, producers Hanna-Barbera, created an American animated Sitcom named “JETSONS” that revolved around a family that lives in a future world where technology has completely taken over human life; so much so that they even had robots to perform all the laborious manual tasks. The idea, although far-fetched at that time, may soon turn into reality due to future developments in artificial intelligence. Although robots are yet to take over human jobs, they are increasingly being deployed in tasks that are risky to human life, including spying and bomb defusing.

 However, not all the tech giants are in favor of the technology. Jack Ma, CEO of Chinese e-commerce giant Alibaba, recently expressed his concerns about this technology. Mark Zuckerberg shut down Facebook’s Artificial after it started developing a language of its own. He went on record to say that AI is “the greatest risk we face as a civilization” and that “It could start a war.” 

Whatever the consequences, the technology is here to stay. It is for humans to decide how far they need to reap the benefits of this technology. But to what extent this technology will take over our lives in the future? Only time will tell…

Jui Pande

Author: Jui Pande

Sr. Content Writer and Editor, Inkwood Research

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