What to expect from AI

What can we expect from AI in 2019?

With AI continuing with its rapid development, in 2019, we’re expected to see some big strides yet again in numerous different industries as the hype of AI technologies is showing no sign of slowing down. If you want more evidence of this, the amount of money that industries have spent on AI has ranged from 963 million in 2016 to 2.3 billion in 2018 which just goes to show that AI will continue on this upward trajectory. Some examples of AI concepts in 2019 which are expected to see swift growth include facial recognition, AI-enabled chips, and the end of ownership society.

We already know that facial recognition has already been put into practice commercially on devices like the iPhone X’s where facial recognition is used as a password to unlock the phone. However, in 2019 we’ll be seeing enhancements in this technology in regards to both its accuracy and reliability as it’s anticipated to be used in more biometric identification for uses such as shopping, payments and the identification of criminals from CCTV cameras as law enforcement could potentially be able to apprehend criminals before they can commit a crime or to easily be able to identify a criminal after they’ve committed a crime.

AI-enabled chips are a new concept in the AI technology as chip manufactures like NVIDIA, Intel, and AMD are developing chips that are capable of performing AI-enabled applications in a much faster and efficient way. With the way technology is advancing, it is essential for modern day chips to be compatible to handle AI-enabled applications as AI is starting to be used more commercially on a mainstream scale by many different industries. Through the use of these chips, computers will be able to help advanced databases in enhancing their query processing and predictive analytics.

With music and movie streaming services such Spotify, Apple Music and Netflix gaining traction and notoriety in the past few years due to advancements in AI, we’ve seen traditional methods of obtaining music/movies physically such a CD’s and DVD’s become a thing of the past, thus signalling that the end of the ownership era is close. In this age, this trend of turning physical products into a connected ‘smart’ product is seen as the new way to go as we’re slowly seeing other everyday use products such as vehicles going down this route as seen with Tesla and probably more vehicle manufacturers in the future.