AI The Future: What Artificial Intelligence Can Do for the World

AI The Future: What Artificial Intelligence Can Do for the World
8 min read

We live in a world where artificial intelligence is constantly changing. Our lives will be impacted in a variety of ways by artificial intelligence.

There is a small but growing team at IFM/Onetrack in a nondescript building near downtown Chicago. All artificial intelligence follows one rule: think simple. A sheet of paper with simple font is tacked to the rear upstairs wall of their industrial two-story workspace. However, the work they are doing with artificial intelligence is anything but easy.

A forklift driver operates his vehicle in a warehouse as Gyongyosi watches grainy video footage from his college days on a cluttered desk, located near a ping-pong table and drone prototypes. An overhead forklift vision system from Onetrack.AI captured the image.

The shoebox-sized device monitors various safety events using machine learning and computer vision, but it doesn't see everything. Forklift drivers may be observed operating the vehicle according to how they look. This includes how fast they are driving, where they are driving, how the individuals around them are maneuvering their vehicles, and how other forklift operators are maneuvering theirs. A warehouse manager can take immediate action if their software detects safety violations, such as cell phone usage. Preventing accidents and increasing efficiency are the main goals. Gyongyosi says people react greatly to knowing that one of IFM's devices is watching them.

In terms of a camera's sensor, it is the richest sensor available today at an incredibly attractive price. In the last few years, smartphones have democratized photogrammetry sensors, which allows us to capture a great deal of information at an incredibly low cost. It is possible to infer 25 signals from an image today, but six months from now we will be able to infer 100 or 150 signals. Software is the only difference ... Every customer that we bring on board can benefit from everything other customers do because our systems learn more processes and detect more relevant and significant things."

Evolution of Artificial Intelligence:-

As a constant growth field, AI is home to countless innovators, including IFM. In 2021, IBM inventors received 9,130 patents, of which 2,300 were related to artificial intelligence. Elon Musk, founder of Tesla and tech titan, has donated $10 million to fund ongoing research at the non-profit OpenAI. The amount isn't even close to his $1 billion gift in 2015.

In the decades following the emergence of "knowledge engineering," the technology moved from sporadic dormancy to model-based machine learning, which is increasingly concerned with perception, reasoning and generalization. Artificial intelligence has reclaimed the spotlight in a way that it has never before - and it won't relinquish it any time soon.

How AI affects society :-

THE IMPACT OF AI ON WORK

A leading AI expert, spoke at Northwestern University about the upcoming impact of AI technology, as well as its side effects and limitations. He cautioned against the latter:

With job displacement, the bottom 90 percent of the world, especially those with low incomes or low educational levels, will suffer heavily. This is the question of 'How routine is a job?' And this is how likely an AI-powered job is to be replaced by a robot, since an automated task can be optimized by an algorithm. Sorting things into bins, washing dishes, picking up fruits and assisting customers are monotonous and repetitive tasks. The more quantitative, the more objective. The A.I. will replace them within five, ten, and fifteen years."

The picking and packing functions in Amazon's warehouses, which have more than 100,000 robots, are still performed by humans - but that will soon change.

HOW WILL AI CHANGE INDUSTRIES?

Artificial intelligence, especially narrow AI, which is trained on data and is often referred to as deep learning or machine learning, has impacted almost every major industry. The proliferation of connected devices, robust IoT connectivity and ever-faster computer processing have led to a significant increase in data collection and analysis in recent years.

Several industries are just getting started with AI, while others have travelled this road for some time. It will take time for both to catch up. The impact AI is having on our lives today cannot be ignored, regardless of how we perceive it.

  • The Transportation System: We will be able to travel from one place to another one day with autonomous cars, although it might take some time for them to be perfected.

  • Producion of Goods: Assembling and stacking tasks can be performed by AI-powered robots alongside humans, and predictive analysis sensors keep equipment operating smoothly.

  • Medical Care: The comparatively new field of artificial intelligence (AI) in healthcare allows diseases to be diagnosed more accurately and quickly, drug discovery is simplified and sped up, virtual nurse assistants monitor patients, and big data helps create a more personalized experience for patients.

  • Education: As well as digitizing textbooks, AI is assisting instructors with early-stage virtual tutoring, and facial analysis helps us understand if a student is struggling or bored and tailor the experience accordingly.

  • Various Media: In addition to journalists, AI will benefit from AI, as it is being harnessed. Financial reports are made easier to understand by Bloomberg using Cyborg technology. In recent years, the Associated Press has produced nearly four times as many earnings reports stories using Automated Insights' natural language capabilities.

  • Service For Customer: Google is developing an artificial intelligence assistant that can call a hair salon like a human, for example, to schedule an appointment. Nuance and context are also incorporated into the system in addition to words.

There has been a significant investment in artificial intelligence (AI) products and services by companies in recent years, with companies such as Google, Apple, Microsoft, and Amazon spending billions to develop those products and services, as well as universities that are making AI an integral part of their curriculum. Big things are bound to happen when the Department of Defense ups its AI game. There are some developments that are already on their way to becoming a reality; others are merely theoretical and may never become a reality. For better or for worse, all are disruptive, and there is no sign of a slowdown in sight.

The former Google Brain leader and Baidu chief scientist Andrew Ng said that a lot of industries cycle through a cycle of winter, winter, and eternal spring. Our AI industry may be experiencing an eternal spring.

THE FUTURE OF AI :-

Mendelson believes that two of the most significant areas of AI research and experimentation with near-future consequences are reinforcement learning, which uses rewards and punishments rather than labeled data; and generative adversarial networks (GAN), which pit two nets against each other so that computer algorithms can create, not just assess. It can be seen in the Go-playing skills of Google DeepMind's Alpha Bot Zero, while it can also be seen in the creation of original images or audio that are inspired by learning about a specific subject like celebrities or music genres.

Specifically, AI can play a significant role in tackling sustainability, climate change, and environmental concerns. Cities will become less crowded, less congested, ideally through the use of sensors.

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