The Great Future of Artificial Intelligence (AI) (Update: Oct 2023)

If you are someone who is curious about the emergence and rapid development of Artificial Intelligence, you are not the only one. AI has enchanted lots of people around the world and they now want to know what the future of Artificial Intelligence will be like.

So to quench your thirst, we have decided to let you know more about AI and where it is leading our world towards. So, read on.

It is now a well-known fact that Artificial Intelligence or AI is shaping our world and the future of humanity in ways no one could have ever imagined was possible. Today, we use AI in many spheres of life without even realizing it – be it automation or voice recognition, or facial recognition.

It has become significant, if not the chief driving force behind many evolving technologies like robotics, the Internet of Things, etc. And it is pretty much clear that AI will continue to be so in the not-so-distant future as well. Below, we will discuss a few interesting things about it:

What is Artificial Intelligence (AI)?

Before we jump right into discussing the future of Artificial Intelligence, it is important to know what AI actually is. Well, Artificial Intelligence, as its name states, is the intelligence displayed by machines. It is a simulation of the natural intelligence of humans. Artificial Intelligence or AI makes it possible for machines to perform tasks themselves that otherwise need human intelligence. We can divide Artificial Intelligence into 3 distinct types:

• Narrow AI: This type of AI can complete tasks assigned to it with intelligence. We are presently seeing the Narrow AI or Weak AI stage. At this stage, AI can only perform dedicated tasks, such as facial recognition, self-driving cars, etc.
• General AI: Known as Artificial General Intelligence, this type of AI defines machines that are capable of displaying human intelligence.  
• Super AI: Super Artificial Intelligence or Super AI signifies self-aware AI that comes with cognitive abilities of its own and can even surpass that of humans. Super AI is a stage where machines will be able to perform any tasks that humans can perform with cognitive properties.   

Let us now take a look at some of the present uses of AI:

Artificial Intelligence at present

As we mentioned earlier, AI is the imitation of human intelligence by machines to perform complex tasks by themselves. That means it is a computer science that looks forward to developing intelligent machines to simulate human behavior. Here are some instances of AI usage today:

1. Voice Assistants 

Voice assistants like Google Home, Alexa, etc., are known for using AI-backed Voice User Interfaces or VUIs. This helps them process and decode our voice commands to perform the task we assign to them. As this technology becomes more advanced, voice assistant interfaces are becoming more advanced too.

Besides that, it is also being utilized in the healthcare sector to detect certain diseases by using Vocal Biomarkers. Plus, voice-based AI chatbots are finding their place in telemedicine apps for triage as well as screening.

2. Social Media 

What most people do first after unlocking their smartphone is to open Facebook/Instagram/Twitter and start scrolling. While chances are that you are also one of them, you may not realize that AI determines what displays on your feed too.

Yes, these platforms come integrated with Artificial Intelligence and personalize your feed based on your past data. Plus, it tailor-makes your friend suggestions as well. Besides that, AI is active in detecting and filtering out fake news as well as stopping cyberbullying.

3. Banking

AI has found its use in the banking sector too. The integration of Artificial Intelligence in banking systems has ensured transaction security and fraud detection. Artificial Intelligence is working behind the scenes all the time. When you get a transaction notification or log into your net banking account, AI is working to make those things happen.

Even when you visit a store and buy something like new headphones, Artificial Intelligence verifies the purchase to ascertain whether the transaction was normal or not. If it determines an unauthorized person using your credit card, it might decline the transaction.

4. Facial Recognition 

The first thing most people today do after waking up in the morning is to grab their smartphones and unlock them. If you belong to this camp too, you got to know that whenever you unlock your phone using biometrics like Face ID, Artificial Intelligence is making it possible.

For instance, Apple’s Face ID sees your face in 3D. It lights up your face and while you can’t see them, places 30,000 infrared dots on it for face capture. The Artificial Intelligence then compares the captured image with the image of your face it had stored earlier to decide whether it’s you trying to unlock your device or someone else. And according to Apple, the chance of deceiving the AI is extremely slim.

5. Amazon Recommendations

Many people around the world today are more comfortable shopping online than they are in offline shopping. And as the number of such people keeps increasing, more people are getting exposed to Artificial Intelligence through online shopping sites like Amazon.

For your info, Amazon utilizes AI to determine what your preferences are and what people like you have bought in the past. It then shows you the recommendations on your feed based on this data. Using such an algorithm, Amazon has honed its prediction skills to the extent that it will ship items to you even before you click ‘Proceed to Buy.’ Feels surreal, right? Well, such is the power of Artificial Intelligence.

6. Netflix 

We all love to binge our favorite shows on streaming services like Netflix after a long day at work. It is of immense pleasure to get back home and relax while watching Netflix. In case you didn’t know, the platform makes use of AI to analyze the history of your watched shows and suggest similar shows to watch. This includes genres, actors, and many other factors.

The AI is so specific that it also analyzes what time of the day you usually watch Netflix and what shows you like to watch during that timeframe. It’s fascinating to think that about 80% of what we watch on Netflix comes from its recommendations.

As you can see, whether we realize it or not, Artificial intelligence has become a part of daily routines and is making our lives more convenient. We provided you with the above examples just to give you an idea about how AI is impacting our daily lives. These were only a few. It is hard to list all the applications of AI in today’s world. So we won’t go that route. Instead, we will now discuss what the future of Artificial Intelligence might be like.

The future of Artificial Intelligence – possible impact in various sectors

While a few years back Artificial Intelligence or AI sounded like something straight out of a sci-fi book, it is not the case today. As we said before, AI has started impacting our daily lives in ways nobody could have ever imagined.

Be it unlocking our smartphones via facial recognition or logging into our net banking accounts, or watching Netflix, we all are using AI technology in our lives either knowingly or unknowingly.

However, it was a bumpy road. Artificial Intelligence has come a long way as a result of lots of effort and contributions from various people. And while it has some risks, like AI-backed weapons going out of control or destruction of life and property, it can have a positive impact in many sectors, if used properly. Here are some of them:

1. Cybersecurity

One of the biggest priorities of every company or organization is, no doubt, ensuring data security. Experts have predicted that AI will bring some positive changes in the cybersecurity field.

Firstly, organizations will be able to monitor security incidents more precisely. Secondly, they will have the capability to identify the origin of a particular cyberattack by using Natural Language Processing or NLP. Thirdly, AI will let organizations automate rule-based tasks and processes through Robotic Process Automation or RPA.

Nonetheless, a powerful technology like this could also be utilized by some evil persons to unleash a barrage of automated attacks that might be hard to resist.

2. E-commerce 

E-commerce is another sector that could positively benefit from AI. Experts who have predicted what the future of Artificial Intelligence might be like are of the opinion that it will have a positive impact on every aspect of e-commerce.

From user experience to marketing to product distribution – AI will be behind all of this. Plus, it will find its utilization in automated warehouses, personalized online shopping experiences, chatbots, etc.

3. Healthcare 

Artificial Intelligence will be used more extensively in the healthcare sector in the coming years. It will help doctors to diagnose various diseases faster and more efficiently. Drug discovery will become quicker and less costly, thanks to AI.

Additionally, it will boost patient engagement in healthcare and make things easier for patients too. They will be able to book an appointment, pay bills, etc., more easily and with fewer errors.

While all this seems miraculous to say the least, ensuring the adoption of AI in daily clinical practices might prove to be a challenge in the future. So we have to think about ways to deal with such issues today.

4. Transportation

AI could also revolutionize the transportation sector as we know it. Researchers have not yet developed a fully autonomous car, but the research is still ongoing. And as it seems from their hard work and rapid development in the transportation sector, a fully autonomous vehicle may not be a distant dream anymore.

The use of Artificial Intelligence and machine learning in the cockpit has helped decrease workload, pilot stress, and exhaustion. It has also boosted on-time performance.

However, when it comes to public transport, the adoption of AI has some challenges, like over-dependence on autonomous systems.

Plus, the researchers have to ensure the accuracy of fully autonomous vehicles, otherwise, it could be a recipe for disaster. And in a sector like this, where millions of lives are involved, they must exercise extreme caution.

5. Employment

While explaining the future of Artificial Intelligence, experts have predicted that the use of AI in the employment sector will also see a rapid increase. Even today, both employers and job seekers are using many online job portals for their simplicity and convenience.

The integration of AI in the online job search market has made it possible for the algorithms to auto-reject someone’s CV if it doesn’t match the criteria of a company.

Experts hope that in the future, various aspects of the employment process, such as grading candidates after written interviews, telephonic rounds, etc., will occur conveniently by using AI-backed apps.

Besides these, many AI-based applications nowadays are helping job seekers out by providing assistance in building wonderful resumes. It is logical to assume that such apps will become more efficient and widely used in the near future.

6. Agriculture 

Artificial Intelligence has the power to transform the agriculture sector completely. Using AI-backed technology, it will be easier to findout defects and nutrient deficiencies in the soil.

The utilization of computer vision, robotics, and machine learning will also help analyze the growth of weeds and pinpoint it.

Plus, AI bots can harvest crops more quickly and in higher amounts when compared to humans. We have seen some applications of AI technology in the agriculture sector recently, and honestly, it seems very promising.

7. Retail

Artificial Intelligence or AI can have a positive impact on the retail industry. According to expert predictions, retailers are highly likely to make heavy investments in AI to elevate their customer experience.

Experts anticipate that retailers will soon turn their attention to Augmented Reality or Virtual Reality in the coming years.

Using AI-backed AR/VR technology can make it easier for customers to virtually trial a product from an intuitive, aesthetic catalog.

The use of AI in the retail sector can also facilitate increased support for demand forecasting and eliminate the need for cashiers.

Also, it can bring about auto-management of inventory.

Besides, Artificial Intelligence can analyze what customers think about a company or their products/services to take appropriate measures.

Many retail companies are increasingly inclining toward the use of AI in recent times. And from the success of those applications, it seems that will only skyrocket from here onwards.

Conclusion of The Future of Artificial Intelligence

As is clear from our discussion, the future of Artificial Intelligence looks quite bright. It can help revolutionize various sectors and most importantly, people’s lives if used properly. However, just like any other technology, it has its fair share of risks.

If it ever falls into the hands of the wicked, it could turn into a weapon of mass destruction. What is going to happen? Only the future will tell. But until then, let us hope for the best.

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