Over the past decade, Artificial Intelligence (AI) has meshed into various industries. The era witnessed a dramatic increase in tools, applications, and platforms based on AI and Machine Learning (ML). These technologies have impacted healthcare, manufacturing, law, finance, retail, real estate, accountancy, digital marketing, and several other areas.
Companies are investing in AI research to find out how they can bring AI closer to humans. By 2025 AI software revenues alone will reach above $100 billion globally (Figure 1). This means that we will continue seeing the advancement of AI and Machine Learning (ML)-related technology in foreseeable future. AI changes notably fast, so you’ll need to go out of your way to keep up with the latest trends if you want to stay as informed as possible. Let’s take a look at everything you need to know about the latest AI trends.
1. Intelligent Process Automation
In the latest technology trend, organisations are looking for intelligent automation tools to solve business challenges and increase productivity, efficiency, and accuracy, benefiting the organisation. One of the successive waves, Intelligent Process Automation, or IPA, brings together Robotic Process Automation (RPA) and Artificial Intelligence (AI) technologies to empower rapid end-to-end business process automation and accelerate digital transformation. In RPA, computer software ‘robots’ handle repetitive, rule-based digital tasks which are driven by structured data. However, many business processes now are fed by or generate large amounts of unstructured and real-time data. IPA makes it possible to automate processes with machine learning and analytic capabilities and cognitive technologies, like computer vision, Natural Language Processing (NLP), and fuzzy logic. The adoption of IPA is expected to grow in the coming days, with large-scale growth expected across several industries.
2. A Shift Toward Cybersecurity
With data becoming more precious than ever before, there’s no shortage of cyber criminals out there looking for new ways to compromise it. One of the downsides of novice-level AI is that hackers can manipulate them to access the sensitive information. So, a significant trend in AI is developing technology to recognise and report common types of attacks. Anti-virus software is also being developed by using AI in the same manner as this technology can help prevent a malware threat from having devastating consequences. When it comes to businesses, AI-powered cybersecurity tools also can gather data from a company’s own communications networks, digital activity, transactional systems, and websites, as well as other external public sources. These tools then run algorithms to identify patterns and detect or predict threatening activity, potential data breaches, etc. This is a trend we can expect to continuously see in the future as criminals constantly create new malware and data acquisition methods.
3. AI for Personalised Services
As AI becomes more powerful and efficient at researching a particular market and demographic, acquiring consumer data is becoming more accessible than ever. The biggest AI trend in marketing is the increasing focus on providing personalised services. One of the most common ways that AI can do so is through analysing the online activity of individuals who search for specific keywords. This level of personalisation is virtually guaranteed to provide a better experience for customers, which will directly increase the revenue of companies that take advantage of it. As machine learning becomes more adept at understanding what people want in specific instances, AI will become less of a sales tool and more of a digital friend.
4. Automated AI Development
In coming years, expect to see significant innovations in the area of ‘AI for AI’: using AI to help automate the steps and processes involved in the life cycle of creating, deploying, managing, and operating AI models. At a certain level, AI can develop its algorithms to solve problems, increase efficiency, and provide humans with useful research data.
Using automated AI will allow even non-experts to use AI algorithms and techniques. One example is Google’s AutoML, a tool that simplifies creating machine learning models and makes the technology accessible to a wider audience. These tools can create as much customisation as required without knowing the complex workflow of Machine Learning in detail. Although this type of development is in infancy, automated AI is renowned for growing exponentially and is a major AI trend.
5. Autonomous Vehicles
With companies like Samsung, Nvidia, Volkswagen, Uber, and Google’s Waymo, the scope of autonomous driving has increased many folds. Everyone knows AI’s functionality into autonomous vehicles, and to tap such immense potential, car, and tech companies are infusing billions of dollars in this domain. The process is driven by the economic and social benefits involved. Car manufacturers hope that autonomous driving technology will sway consumers’ minds.
6. Incorporating Facial Recognition
7. Convergence of IoT and AI
8. AI in Healthcare
9. Augmented Intelligence
10. Explainable AI
11. Ethical AI
Rising demand for ethical AI is at the top of the list of emerging technology trends. In the past, organisations that adopted Machine Learning and other Artificial Intelligence technologies were not much preoccupied with their ethical impact. Today, however, values-based consumers and employees expect companies to adopt AI responsibly. Over the next few years, firms will deliberately choose to do business with partners that commit to data ethics and adopt data handling practices that reflect their values and customers’ values.
More than any other technological future trend, AI future trends promise many possibilities. There are compelling developments; you can’t ignore the existence of intelligence demonstrated by machines. If you are excited to quick start or expand your business solution in the field of AI, the following technology offerings can be the right fit for you:
Source: n.element14.com/latest-

























