AI isn’t just a buzzword. It isn’t some half-baked idea. And it certainly isn’t just the stuff of science fiction. Not anymore.
In fact, AI systems are beginning to creep into many aspects of our daily lives. From the phones we carry around and the shows we watch to the cars we drive and even the way we do business.
AI, it seems, is the way of the future. And that future is coming at us fast.
Below are four up-and-coming AI trends to watch out for in the next few years. They’ll not only help shape the way AI impacts our world, they’ll also determine just how we can find ways to fit into it.
Increased Availability of Sophisticated AI
As tech leaders like Google, IBM, Apple, and Tesla put in the lion’s share of research required to build and improve upon sophisticated artificial intelligence systems, the rest of the world is reaping the benefits of their trailblazing.
Not only are we harnessing the power of AI directly from the products these companies produce, we’re also seeing hundreds of artificial intelligence-based companies emerging simply because they are both informed and inspired by their progress.
These startups are working to democratize deep learning systems, helping to distribute the power to more than just a few big names. And as computational power and previously guarded trade secrets become ever more available, smaller businesses will be even more capable of implementing their own AI systems.
Machine Learning to Assist in the Workplace
A 2017 study by Economist Intelligence Unit found that 75% of business executives from the pool of 200 surveyed businesses said that AI systems will be actively incorporated into their companies in the next 3 years.
By 2025, AI will power a whopping 95% of customer interactions according to top customer interaction management company Servion.
By the end of 2017, around three-quarters of developer teams are predicted by IDC to use AI technology in at least one of their business applications or services.
The takeaway here: AI is coming to the workplace faster than we think.
Implementing such AI systems into workflows is going to change the speed, method, and outcome of the way we do business every single day. And the faster businesses adapt to this changing technological landscape, the more they stand to make off the growing trend of AI in the workplace.
Machine Learning to Replace in the Workplace
With all the perks and efficiencies gained by incorporating AI into businesses and offices across the world, it’s easy to forget about the enormous number of human workers that these automated systems are bound to replace.
In fact, one recent report found that around 38% of all US jobs will likely be automated by the year 2030. This is bound to be an especially difficult time for workers in the financial industry as a predicted 61% of these jobs will be staffed by AI systems by the same year.
And while there are bound to be a slew of new jobs created by the implementation of these systems (AI development, maintenance, etc.), the truth is that many US citizens may find themselves out of work in a world that they simply don’t have the skillsets to thrive in anymore.
This, of course, is going to put significant strain on a variety of social welfare programs and force us to rethink how we treat the unemployed. In fact, some thinkers have gone so far to suggest a universal basic income as a way to combat the detrimental effects of automation.
Implementing New AI-Based Regulations
With the rise of automation and increasingly sophisticated AI systems comes the necessity to change the way we deal with machines in the legal system, as well as limit their overall power.
Elon Musk famously came out in favor of putting in regulatory safeguards to keep such systems from gaining too much power and control over the fate of humanity. “With artificial intelligence,” Musk said at an MIT symposium, “we are summoning the demon.”
And it’s no wonder why Musk is afraid – AI is already advancing at an incredibly rapid pace and with so much monetary promise behind it, businesses are jumping in headfirst without considering the drawbacks of doing so.
But beyond finding ways of limiting the power of such systems comes the need to start having conversations on what will happen when AI reaches the complexity of the human brain.
Will such systems need to be granted special privileges in the eyes of the law? If so, what requirements would they have to meet to be considered equals to humans? Should they be stymied and stunted simply to keep our consciences at bay?
While the scenarios that these discussions will be applied to may still be a way off, they’re probably not as far as we’d like to think. Setting the ground rules and at least starting to plant the seeds of these moral issues into the minds of researchers, lawmakers, and the public may make it all the more likely that we’ll be able to deal with them effectively when they actually do become a reality.
AI Trends to Watch Out For
The world of AI is changing and it’s changing fast. In the coming years, we’ll likely see an even more rapid growth of these systems’ speed and capabilities.
As such, it’s absolutely essential that we begin to consider the implications that these systems bring and how to deal with the ethical, logistical, and social consequences of bringing this intelligence into the world.