Why is artificial intelligence such a leading technology? The recent breakthroughs in AI have raised the bar in many areas. The technology is advanced enough to enable optical sensors to recognize human faces. It is also advanced enough to allow autonomous vehicles to drive at moderate speeds. Automated manufacturing is a major factor in Germany’s economic success. AI has the potential to reinforce this competitive advantage and power the next generation of automation.
AI has already helped improve autonomous vehicles in a number of fields. Self-driving cars, for example, use software that helps them predict human behavior. The software is designed to recognize and avoid objects that impede the driver’s path. Similarly, autonomous vehicles can learn from other vehicles on the road and incorporate the information into their current operations. Self-driving vehicles are also made possible by AI, which helps them sense obstacles in their path and pre-plan their journeys.
AI can enhance human capabilities and disrupt eons of human activity. As code-driven systems spread across the globe, humans will need to evolve to deal with the consequences of these new technologies. Algorithm-driven artificial intelligence is likely to continue to expand faster than our human ability to adapt to it. A recent poll conducted on AI asked 979 experts what they thought the future might hold. While most respondents expressed concerns, many also offered ways to mitigate these risks.
AI provides immense opportunities for economic development. According to a McKinsey Global Institute study, AI-led automation can boost the world’s GDP by 14 percent by 2030. It is estimated that China lags behind in AI deployment, but it is a major market for artificial intelligence. With this in mind, the future of the financial industry looks bright. What’s more, AI can enhance many other areas of human activity.
Today, AI software is expected to reach 126 billion dollars by 2025. According to a recent Statista report, 37% of organizations have implemented some form of AI. This number has jumped by nearly two-hundred percent in the last four years. By 2025, Servion Global Solutions expects that 95% of customer interactions will be powered by AI. In addition, a recent Statista study says that AI software will hit $22.6 billion in 2020.
AI in healthcare will bring significant medical and ethical changes. To be successful, AI systems must be approved by regulators, integrated with EHR systems, taught to clinicians, and paid for by payer organizations. AI will continue to evolve for many years. The industry needs to be prepared to make these changes. And we must continue to monitor AI’s progress. For now, the challenges remain. But this is a promising trend with many benefits.
While AI will revolutionize the way we fight war, it will also accelerate the process of fighting. AI systems will have the ability to analyze massive amounts of data in real time, giving commanders unprecedented insights and productivity. In addition to this, AI will revolutionize command and control. AI systems will dramatically cut down the time it takes to make decisions. And as we all know, war is a process of time.