artificial-intelligence
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5 applications in Artificial Intelligence that will Transform industries in the short term

The innovations of artificial intelligence steadily achieve an efficiency standard. The first signs include systems for speech recognition, in which chatbots work. Users are increasingly involved in advanced machine learning systems with built-in AI processes and business implementations. Demand for AI solutions as a service and associated cloud technologies is growing. For within a 10-year duration can such technologies, such as autonomous vehicles, take place.

The Masses receive artificial intelligence.

The latest research from Gartner’s AI reveals a wide range of AI applications in companies. And this is rational since the share of AI organizations in 2019 increased from 4% to 14% as opposed to last year according to surveys carried out by this firm. And, although the AI market as a whole is related to young people, Gartner analysts are using two technologies simultaneously-the GPU-based speech recognition and the GPU-based AI accelerators (the latter are much more appropriate for creating artificial intelligence systems than the GPU processors).

Other AI apps expected to thrive quickly are conversational AI, powered by the popularity of Amazon Alexa and other virtual assistants, among others. New technology, for example, enhanced intelligence, edge IA, are becoming more and more popular along with edge computing itself, automatic data labeling, and explainable IA (an artificial intelligence framework that can describe solutions) are gaining interest. In more than 10 years, though, autonomous vehicles, which many consider are on the way, would be “leaving” the productivity plateau, reports Gartner.

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AI Chips Blue

In the ‘hype curve’ of artificial intelligence, in general, several emerging developments are present, with a large portion labeled with blue circles, suggesting that Gartner ideally hits the productivity plateau shortly. In comparison, many got a “two to five years before adoption” prediction, which only grows to a height of expectation.

As experts point out separately, however, not all emerging innovations can be implemented appropriately to support companies. We ought to learn and predict and assess the chances of adoption accurately.

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Able of special consideration is AI technologies

Gartner’s researchers have outlined five of the AI innovations that may in the near future more adversely impact business processes, and encourage CIOs to closely watch their evolution.

Increased awareness

Enhanced intelligence networks (enhanced intelligence) researchers use automated methods that lead to increasing human mental job efficiency. They lead to forming a ‘partnership,’ in which the former plays a leading role.

The use of artificial intelligence in this capacity helps to reduce the amount of routine work and, accordingly, the number of errors during its execution. And human participation, in turn, will reduce the risk associated with automated decision-making – due to the fact that the person will be able to solve questions for which the AI ​​has not yet been trained to answer.

Bots Talk

Chatbots are now transforming the way we communicate with clients, the voice of artificial intelligence that we see nearly every day. For example, 115,000 car owners at Kia help solve problems each week, and a bot called Margot offers shoppers advice about the choices made for wine and snacks at the German discount chain Lidl.

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Chatbots can be both voice and text, they respond to regular requests in a script written up in advance, with live operators’ expertise being taken into account. They will be used to fix the HR department’s issues or to help people transition to a new position.

Using the Machine

Machine learning problems can be overcome by personalized customer care, competitive advertising, infectious disorders, anti-money laundering, etc. Patterns in the data using statistical equations are the premise of machine learning techniques. The exponential growth of data in enterprises and the fast advancement of computer resources are making growing use of machine learning.

Machine learning allows operations to be simplified and innovative solutions to market problems in a multitude of industries. For instance, machine learning algorithms and analysts recognize fraudulent attempts in almost real-time at American Express;  saving the company millions by preventing losses. And at Volvo, analytical systems predict probable failures and the need for repair and maintenance of various parts of vehicles, contributing to their safety.

System of AI Regulation

The development of an AI governance system in companies can not be ignored, according to experts. This is necessary, among other things, to understand and control potential risks associated with regulation and the possibility of damage to reputation. As explained in Gartner, the AI ​​management system is based on specially designed policies to prevent system errors (“bias”) of AI, discrimination of users or user groups on one or another basis, and other possible negative consequences of using artificial intelligence.

Experts suggest to observers and CIOs that they pay attention to 3 areas in the creation of an AI governance system: trust, openness, and ethnocultural diversity (diversity). One important element in their efficient implementation, which is to ensure faith in data sources and the performance of AI programs, would be the establishment of accountability standards for information sources and algorithms. Taking into account data and algorithm equity values encourage fair and reliable AI solutions outcomes.

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Smart Apps

For many more years only AI programs built by themselves are the way to incorporate artificial intelligence. Nowadays, however, most companies do not want to build these technologies and not even buy “stand-alone” AI programs but acquire AI software as part of business implementations.
At first, analytics with advanced AI technology is the most “intelligent.” Recently, however, vendors of a wide variety of enterprise applications – ERP systems, CRM systems, HR management, and office suites – are embedding AI tools in them and starting to create AI platforms,  So Gartner analysts advise CIOs to require software vendors to include AI in their product development plans, including advanced analytics tools and tools that optimize the user experience.

 

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