The Coming AI Revolution

Once upon a time, artificial intelligence was a science fiction dream, the stuff of pulp paperbacks and black-and-white sci-fi movies. But it’s no longer a question of whether artificial intelligence will exist alongside us in our daily lives — it’s already happening right now. Artificial intelligence has left few aspects of the industry untouched, and its effects have been felt — consciously or not — in every part of the civilized world.

Artificial intelligence is changing the way law enforcement tracks criminals, making weather prediction more accurate, and making it easier for experts to foresee earthquakes, volcanic eruptions, and other potential disasters. AI is in our smartphones, our GPS navigation, in our cars, and in the e-commerce websites we visit to purchase the things we need. It’s practically inescapable if you’re connected to the twenty-first century.

Information security

Artificial intelligence and information technology go together. AI allows for the performance of highly complex tasks using neural language processing and a neural network. Because so much of our lives are online now — and that includes sensitive and private information — robust security is a necessity. The trouble is, information security has always been something of an arms race: new threats and exploits appear and must be addressed. Data breaches have cost millions to companies all over the world, and keeping that information safe can be a complex job. AI makes that job easier.

Automotive

When many people think about AI and the automotive industry, they probably think of self-driving cars. Autonomous vehicles are rising in prominence, and there are already predictions about when autonomous vehicles will supplant human drivers entirely, particularly in the trucking industry.

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But AI isn’t just for self-driving vehicles. It’s already in your GPS and your onboard systems. It’s also become a huge part of the design and production of cars, and automation and smart robots have become an integral part of automobile manufacturing. AI can even use sales data to better regulate production to account for demand.

As AI safety measures become more common in everyday vehicles, it’s possible drivers could save money — for example, someone searching for cheap car insurance in Ohio might find they can get a steep discount for having AI-driven safety features. Autonomous vehicles are expected to alter the car insurance landscape even further.

Finance

There was a time when the trading floor of the New York Stock Exchange was a bustling symbol of trade. These days, the trading floor is mostly silent, as trading has become almost exclusively electronic. Machine learning and AI have taken an ever-increasing role in the world of finance and trading.

Financial advisory services are expected to make more and more use of AI, as it becomes more digital. Digital smartphones are commonly used to make investments, and many of them advise investors on the best course of action. AI and machine learning can even be used to forecast changes in stocks and make decisions about buying and selling based on high-speed data analysis. Artificial intelligence is poised to enable investors to make more intelligent and profitable trade decisions.

Healthcare

You might have one of the more recent and prominent developments in healthcare AI on you right now: fitness wearables. Wearables aren’t just used for tracking exercise and movement anymore, like Fitbit, but more advanced wearables are being developed and used to track vital data for heart disease research, sleep tracking, and other information. In the past, researchers have generally had to rely on patients reporting their own data manually, such as blood pressure, activity levels, and so on. But that data can be inaccurate or falsified. With wearables, the data collected is much more accurate and meaningful.

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Artificial intelligence will also lead to the development of online symptom checkers, virtual agents for hospitals, and tools to automate some of the repetitive tasks that healthcare workers often have to perform. This would fulfill one of the classic promises of AI: to give doctors and nurses more time to do things like clinical assessment and patient education.

AI and the Future of Work

As artificial intelligence continues to develop, it may end up taking over more and more professions. For example, telemarketing will probably become a completely automated industry as humans are replaced by virtual stand-ins. Bookkeeping applications are likely to put human bookkeepers out of work sooner rather than later. Secretaries and assistants may find that automated phone systems will take over a large portion of their job. AI may well end up impacting the delivery industry, as human couriers are supplemented or even replaced by drone delivery. Online shopping and the increased sophistication of machine learning may end the need for retail salespeople, as more retail outlets go online-only or employ virtual assistants and self-checkout systems in their brick-and-mortar stores.

The world of AI and machine learning will only continue to accelerate, and many of the changes we’re likely to see may be entirely unexpected. It’s a revolutionary time for artificial intelligence.

Misty Tate

"Freelance twitter advocate. Hardcore food nerd. Avid writer. Infuriatingly humble problem solver."

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