Year of Artificial Intelligence is 2018

©naftemporiki.gr Year of Artificial Intelligence is ’18

Welcome to 2018, the year of Artificial Intelligence. In this way, Ralph Haupter, president of Microsoft Asia, wished to everyone in the technology area for the coming of the new year. According to Haupter, 70 years after 1950, when computer pioneer Alan Turing wondered if machines might think, artificial intelligence is coming to the foreground. Essential technological prerequisites for it, have already been secured, including Internet of Things, cloud, machine learning, data analysis. AI is the issue that will concern mankind in the coming years and will determine next generations, but this year will be the first year that artificial intelligence will touch our lives in eight different ways, with eight different but catalytic applications.

First, everyone can have a virtual, very clever, personal assistant. As Alejandro Troccoli, research scientist NVIDIA, says:

“Personal Assistant Artificial Intelligence, knows what I want, what I need, what is required to have in my refrigerator for my favorite meal that I will prepare after work.”

Secondly, all machines will be able to interconnect and work together by voice. Bob O ‘Donnel, designer, chairman and chief analyst at TECHnalysis Research, says he is excited about the device’s speech capabilities and says more and more households will have smart speakers, from lamps to television and cars.

Third, face recognition will be the new credit card. Georges Nahon, CEO of Silicon Valley, argues that thanks to artificial intelligence, face recognition completely transforms security by adopting biometric capabilities. It also changes retailing, the first samples have already been given by Amazon, gradually eliminating queues in its stores through artificial intelligence applications.

Fourth, the head of companies are already talking about artificial intelligence solutions. According to Chris Curran, Chief Technologist for PwC US, more and more employees will need to get acquainted with AI’s technology since it has begun to penetrate various business sectors.

Fifth, the personalized media. Given the rapid pace of research, Jan Kautz, field manager of Visual Computing and Machine Learning Research, estimates that AI will be able to create new personalized tools. Imagine a future music service that not only plays existing songs that you like, but it continually produces new songs just for you.

Sixth, artificial intelligence will produce personalized reports and reviews. Imagine the market reports that are written on demand and not just when the market closes. These reports could not be a mere review of market performance, but a comparison of how each reader’s portfolio was held relative to the wider market, as well as the underlying reasons for doing so. We are technologically close enough to succeed, says Reg Chua, Chief Operator Officer, Reuters News.

Seventh, the computer starts to feel. Digital empathy is now built by opening new paths to the efficiency of computer operation and technological devices as well as to the understanding of the human species.

Eighth, medicine begins to use artificial intelligence. The testimony of Mark Michalski, director of the Massachusetts General Hospital, is indicative: 2018 will be the year in which applications of artificial intelligence in medicine will be a fact. By the end of the year, Mark Michalski claims that about half of the top healthcare systems will have adopted some form of artificial intelligence within their diagnostic teams that will address diagnostic medical specialties, hospital operations, and a wide range of clinical and health care on a global scale.

IDC estimations:

According to data from Worldwide Semiannual Cognitive Artificial Intelligence Systems, conducted by the international IDC technology company, it is estimated that for 2017, global spending on Cognitive and Artificial Intelligence (AI) systems would have amounted to $12.5 billion, an increase of 59.3% compared to 2016. Cognitive solutions and AI solutions will continue to see significant corporate investment in the coming years, achieving a global annual growth rate of 54.4% by 2020, exceeding $46 billion.

The sectors:

AI cases that will see the highest levels of investment this year are: Quality Management Systems, Diagnosis and Therapy Systems, Automated Customer Service, Automated Information Systems and Threat Prevention, Fraud Investigation and Analysis. The banking and security sectors are expected to invest most of the funds into artificial intelligence applications, according to IDC. Then there will be retail, health, public safety and the pharmaceutical sector. On a geographic basis, the United States is by far the largest market in artificial intelligence costs. Europe, the Middle East and Africa (EMEA) are following. A strong increase in spending is occurring in Asia / Pacific that is expected to overtake the EMEA by 2020.

Some applications:

• Personal assistant
• Voice connection of machines
• Face recognition
• Personalized media
• Business development
• Personalized exhibitions
• Computers with emotion
• Medicine and diagnosis

Source: www.naftemporiki.gr