The rise in machine learning is creating unprecedented levels of artificial intelligence. Artificial Intelligence (AI) is sweeping across all sectors creating waves of transformational change and pioneering innovative capabilities.
The following industries will be most impacted by the changes:
At least 90% of car accidents are caused by human error. If AI is able to remove the human error factor this could prevent 90% of crashes. But why do self-driving cars crash? This data can be analysed and used to improve the technology, leading to fully autonomous cars as the technology becomes even more sophisticated. By 2023 an estimated 55 million self-driving cars will be on the roads.Automated Fleets
Automated Fleets used for deliveries, driverless taxis and more. AI and machine learning (ML) technology improves efficiency from traffic to optimizing delivery routes and more. This can cut costs by as much as 30%
Expect to see more AI-powered robo-advisers and digital apps for investing. Trading will also be increasingly using AI and ML to make data-based decisions on the buying and selling of stocks. With the machines able to crunch vast amounts of data quickly, this will provide enormous value.
Wearables will becoming increasingly high end devices that produce data which can help to diagnose and manage disease. This data can be shared with doctors and can provide personalised treatment plans.
Increasingly personalised marketing that uses data to predict and recommend products and services. Tracking our behaviour and using that data to learn what we find interesting.
AI within computer science has vast applications such as speech recognition, image processing, deep learning and machine learning. AI will also continue to transform and create efficiencies through the automation of processes. It will also improve data security by using machine learning to quickly detect when new threats emerge and adjust when identifying breaches and learning how to solve those threats.
AI has already made it's way into our lives and it's impact will continue grow, having an even bigger impact and transforming industries.