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The future of Artificial intelligence



THE FUTURE OF ARTIFICIAL INTELLIGENCE

Artificial intelligence is impacting the future of virtually every industry and every human being. Artificial intelligence has acted as the main driver of emerging technologies like big data, robotics and IoT, and it will continue to act as a technological innovator for the foreseeable future.

THE EVOLUTION OF AI

IFM is just one of countless AI innovators in a field that’s hotter than ever and getting more so all the time. Here’s a good indicator: Of the 9,100 patents received by IBM inventors in 2018, 1,600 (or nearly 18 percent) were AI-related. Here’s another: Tesla founder and tech titan Elon Musk recently donated $10 million to fund ongoing research at the non-profit research company OpenAI — a mere drop in the proverbial bucket if his $1 billion co-pledge in 2015 is any indication. And in 2017, Russian president Vladimir Putin told school children that “Whoever becomes the leader in this sphere [AI] will become the ruler of the world.” He then tossed his head back and laughed maniacally.
OK, that last thing is false. This, however, is not: After more than seven decades marked by hoopla and sporadic dormancy during a multi-wave evolutionary period that began with so-called “knowledge engineering,” progressed to model- and algorithm-based machine learning and is increasingly focused on perception, reasoning and generalization, AI has re-taken center stage as never before. And it won’t cede the spotlight anytime soon.

'HOW ROUTINE IS YOUR JOB?': NARROW AI'S IMPACT ON THE WORKFORCE 

During a lecture last fall at Northwestern University, AI guru Kai-Fu Lee championed AI technology and its forthcoming impact while also noting its side effects and limitations. Of the former, he warned:
“The bottom 90 percent, especially the bottom 50 percent of the world in terms of income or education, will be badly hurt with job displacement…The simple question to ask is, ‘How routine is a job?’ And that is how likely [it is] a job will be replaced by AI, because AI can, within the routine task, learn to optimize itself. And the more quantitative, the more objective the job is—separating things into bins, washing dishes, picking fruits and answering customer service calls—those are very much scripted tasks that are repetitive and routine in nature. In the matter of five, 10 or 15 years, they will be displaced by AI.”
In the warehouses of online giant and AI powerhouse Amazon, which buzz with more than 100,000 robots, picking and packing functions are still performed by humans — but that will change.
Lee’s opinion was recently echoed by Infosys president Mohit Joshi, who at this year’s Davos gathering told the New York Times, “People are looking to achieve very big numbers. Earlier they had incremental, 5 to 10 percent goals in reducing their workforce. Now they’re saying, ‘Why can’t we do it with 1 percent of the people we have?’”

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