Is Artificial Intelligence Going to Blow Up in the 2020s?

Technology isn’t just going forward these days. It’s creating a blast. We thought that the computer and the internet revolution are making a massive impact on humanity and society, but have you seen what is happening lately?

One of the latest and the most spectacular breakthroughs of internet technologies is without a doubt – Artificial Intelligence. The AI-driven software and computers using it are becoming more and more humanized. We see computers becoming more than just robots. We’re witnessing the era of creating a real-life Data from “Startrek”.

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Of course, there’s a long way to go until we reach that level as humanity, but the beginnings are more than impressive. The first AI beginnings show great results in some industries and businesses. Its use makes a lot of revenue for their companies. Still, what is more important, it is making a huge impact on industries that are working for the common good of humanity, like health or public institutions governing cities.

Why do we say it’s going to blow up?

Since its first public use in 1998 when the Deep Blue computer defeated Gary Kasparov in a game of chess, the world champion at the time, the technology has gone so far. Based on predictions which are made by official Artificial Intelligence statistics, there’s a great chance it will make a massive impact on everything around us.

For example, the global revenues coming from AI in 2018 were $1.62 billion. In 2025, it is expected this number to reach $31.2 billion. But that’s merely the beginning of this story.

Did you know that AI-driven computers are now capable of doing tasks better than people? Not just any tasks, too. AI is now being used by radiologists in medicine to detect cancer. It is proven that technology can now provide more accurate diagnoses. AI is excellent in cancer screening, and it outperforms doctors. The computers cut false positives by 11%, which is a vast number.

Knowing that these instruments are at beginner’s level and are yet to be developed to the fullest, we can only assume what will happen in the future and how many other benefits patients and doctors will get from it.

Making a huge impact on employment

Based on many different facts and stats, the predictions say that by the year 2022, 75 million people will be sacked from their jobs because there will be no need for them anymore. The Artificial Intelligence software and computers running on it will do their jobs much better.

By 2030 this number is predicted to be a staggering 800 million. Almost a billion, right? More than an eighth of the entire population. But wait, is this so scary? Actually it is, because at the moment, there are 3.3 billion employed people. The rest are children, seniors, and disabled. That’s a much different proportion, isn’t it?

Can you imagine how much that is? The US Army, in total, has just a little more than a million trained soldiers. All these people will be released from their duties, and they’ll have nowhere to go.

The good thing in all this said above is that at the same time of AI taking over people’s jobs, it’s creating new ones for those who can adapt and retrain. Machines might do some serious and complex tasks, but there’s still need for their production, maintenance, running, and overseeing. So, everyone who will want to continue working will need to retrain and will continue having a job.

We don’t see AI, but it’s all around us

We’re not aware of this most of the time, but companies and businesses are using AI and making lots of profits by it. However, not all companies are aware of the benefits, and not all of them are using AI. Only around 15% of them are using AI software and mainly in the retail industry where chatbots are doing a much better job in customer care than people.

Businesses earn $8 billion more by having AI chatbots who take care of this part of the work. It is estimated that around 85% of all customer service now belongs to AI chatbots.

So, let’s say you’re online surfing the net and looking at posts on your favourite social network. Suddenly an ad shows up about something you previously typed, talked about, or even got a message from someone else with it, be sure that the little bots were scanning you and found out that you may need something like this.

Another place where humanity can benefit a lot is – traffic. Yes, the morning traffic jams in crowded cities might be over. Some cities around the world already experimented with such software. The traffic lights are controlled by computers who get help from the cameras on the place. The AI manages to see what lights need to be opened longer. Together with all the cameras around the area, it controls the entire traffic and makes less jam.

Privacy concerns

For Artificial Intelligence to work correctly, it needs the help of cameras, microphones, and everything else that can mimic the human senses. The ultimate goal of the researchers is to create a humanoid which will be able to act as a live person completely. This will be possible by recreating the human senses. Since robots can’t have real eyes, they will be mimicked by cameras. All other senses by different machines, too.

Having this in mind means that AI will have too much info about us. They’ll be able to see us, hear us, and understand our thoughts because we’ve already let them in our lives through the internet and the apps that use AI.

Conclusion

So many industries and segments of our lives and society are going to be touched by the AI influence. In the next ten years, based on facts, we’ll be able to see a thorough change of the world as we know it. We can only imagine and guess what all these significant changes will bring in real life. One thing is sure though – the impact will be so huge that it can be portrayed as a blast.

Author Bio

Mila Bera is a Blogger and Contributor at Kommandotech.com. Toronto born, puppy-lover and passionate blogger. Traveling the world and proving people wrong is my specialty and hobby. Love reading up on the newest trends and have a passion for anything creative and trending

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