Analytics Insight predicts that the global AI market is expected to reach US$53.2 billion in 2020 and will further grow on to reach US$152.9 billion in 2023. The proliferation of the market will showcase some significant improvements for efficacy in everyday life. Beyond that, businesses are bound to become even more innovative with rising AI trends this year.
According to a report, AI will help with the repetitive and labor extensive tasks that people carry mostly on their machines. The extensive form filling work, generating reports, and diagrams all can be done more quickly. According to Forbes, approximately 23% of businesses have implemented Artificial intelligence into processing and product services, and more than 60 businesses are still in process. However, this number will increase by 80-90% until 2022.
Across the healthcare industry, huge investments are expected to boost up healthcare automation, where AI and robotics will be deployed to assist the professional in diagnosing the diseases. Through this, professionals can do manual surgery and managerial task by Artificial intelligence.
Artificial intelligence is expected to become cheaper and available as there is a need for hardware and expertise to implement. Such AI-powered technologies will increase the number of tools, devices, and other gadgets. As per the trend follows, AI-powered technology will embed in our household appliances, vehicles, and other workplace tools. So in this 202
Now the simulations for data quality have advanced, and the development companies can gain thousands of hours of driving data. Therefore, with artificial intelligence, the quality of data can be gathered. There is a need in the computer system for more accuracy in the real-world simulation that leads to a more powerful way. Now with artificial intelligence, one can solve the companies’ stats quickly in an accurate way.
Undoubtedly, there is a need for a strong cybersecurity system, as the hacking and social engineering attacks have become more sophisticated. Artificial intelligence will be in most businesses this year. In the last few years, a model was implemented to secure AI from fake entries, but hackers know this defensive approach. However, the 2020 artificial intelligence trend will bring a safe approach called Generative Unsupervised AI. Basically, this approach offers an automatic detection system and implement for 7 days, which studies all the traffic fluctuations across the network. Moreover, it creates a baseline and aware of threats.
2020 will bring the best technology for humans through AI. The artificial intelligence approach will use to generate music, poetry, and storytelling, and the output of these sophisticated technologies will produce the best outcomes for humans. As you can see, there is a great impact on the entertainment industry. Robert De Niro used artificial intelligence for creating brand new visual effects.
As you know, Delta Airlines launched the AI-supported weather prediction system to make flight operations better. The name is not suggested to this program; however, it will be trained to collect weather disruptions and irregular data.
After collecting the data, it will be tested to ensure the quality of flights. The purpose of the program is to predict weather and environment parameters for accurate predictions. Delta airlines shared that the 5500 cancellations in 2010 and 55 in 2018, and it could be possible with the use of artificial intelligence.
Furthermore, scientists are working on the robotic weaponization for human benefits. Every country invests billions of dollars in weapon industry in synthesizing autonomous weapons. The pentagon asked congress to increase the defense budget for autonomous lethal weapons. American navy demanded US$447 million for an unnamed vehicle meanwhile pentagon also spent US$4.6 billion on weapons controlled by Artificial intelligence. In this weapon race, mostly military power companies are included, such as China, the United States, Russia, North Korea, and the European Union.