Artificial intelligence will continue on its way to becoming the most transformational technology mankind has ever created in 2022. According to Google CEO Sundar Pichai, it will have an even larger influence on our evolution as a species than fire or electricity. This may seem to be a lofty promise, but given how it is currently being utilized to combat climate change, explore space, and find cancer therapies, the potential is undeniable.
The whole consequence of giving robots the power to make judgments – and hence enabling decision-making to occur considerably more swiftly and correctly than humans could possibly accomplish – is impossible to comprehend right now. But one thing is certain: discoveries and new technologies will continue to push the limits of what is possible in 2022.
AI'S EFFECTS CAN BE FOUND EVERYWHERE
Modern AI — more precisely, "narrow AI," which performs objective tasks using data-trained models and frequently falls into the categories of deep learning or machine learning — has already impacted practically every major business. This has been particularly true in recent years, as data gathering and analysis have increased dramatically because of improved IoT connection, the proliferation of connected devices, and faster computer processing.
Some industries are only getting started using AI, while others are seasoned veterans. Both have a lot of work ahead of them. Regardless, the influence of artificial intelligence on our daily lives is difficult to ignore:
Transportation: Autonomous automobiles will one day transport us from place to place, despite the fact that perfecting them might take a decade or more.
Manufacturing: AI-powered robots assist people with a restricted range of activities such as assembling and stacking, while predictive analytical sensors ensure that equipment runs smoothly.
Healthcare: Diseases are more quickly and reliably diagnosed, medication development is sped up and simplified, virtual nursing assistants monitor patients, and big data analysis helps to provide a more customized patient experience in the comparably AI-nascent sector of healthcare.
Education: With the aid of AI, textbooks are digitized, early-stage virtual tutors assist human teachers, and face analysis assesses students' emotions to help discern who is struggling or bored, and better adapt the experience to their unique requirements.
Media: Journalism, too, is using AI and will continue to gain from it. Bloomberg employs Cyborg technology to assist with the interpretation of complicated financial information. The Associated Press uses Automated Insights' natural language capabilities to publish 3,700 earnings reports articles every year, approximately four times more than in the past.
Customer service: Last but not least, Google is working on an AI assistant that can make human-like phone calls to arrange appointments at places like your local hair salon. The technology comprehends context and nuance in addition to words.
Here is a list of the top 12 Artificial Intelligence(AI) trends in 2022 and beyond
Automation of Robotic Processes
More CIOs are turning to Robotic Process Automation, an evolving technology practice, to streamline business processes and cut costs. Organizations can use RPA to automate rule-based, time-consuming business processes, allowing their employees to focus on higher-value tasks like serving clients.
RPA aims to automate business processes that are guided by business logic and well-organized inputs. RPA solutions can range from something as easy as producing an automated email response to deploying thousands of bots, each programmed in an ERP system to automate rule-based tasks. RPA is being used in a variety of industries, including manufacturing, call centers, HR, and finance.
Conversational AI, or AI-powered chatbots, improve the reach, responsiveness, and personalization of the customer experience. Conversational AI solutions, according to Forrester, result in improved customer service automation.
To better understand what the human says and needs, an AI-powered chatbot uses natural language processing (NLP) and machine learning to provide a more natural, near-human-level interaction.
COVID patients and important hotspots have been identified using big data extensively. AI is already assisting the healthcare industry in a significant way and with high accuracy. Thermal cameras and mobile apps have also been created by researchers to monitor individual temperatures and gather data for healthcare institutions.
AI can help healthcare institutions in a variety of ways by analyzing data and anticipating different outcomes. AI and machine learning tools provide insights into human health and also prescribe illness prevention measures. AI technologies also allow physicians to follow their patients' health from afar, boosting teleconsultation and remote treatment.
Demand for ethical AI is on the rise.
There is a rising desire for ethical AI, which is at the top of the list of new technological advances. According to Forrester, CIOs will be required to adapt to digital acceleration while also proactively managing uncertainty and business continuity via the ethical use of Artificial Intelligence in the next decade.
Given how quickly trends change, consumers and employees with strong values want firms to use AI responsibly. In the next years, businesses will actively seek out partners that are devoted to data ethics.
Artificial Intelligence for Cybersecurity and Data Breach
Knowledge will become more available in the future years, putting digital data at higher danger of being corrupted and vulnerable to hacking and phishing assaults. AI and new technologies will aid the security department in combating hostile actions in all areas. With increased cybersecurity measures, AI will assist dissuade cybercrime in the future. The AI-enabled framework will identify fake digital activity or transactions that fit criminal tendencies.
The Internet of Things and Artificial Intelligence (AIoT)
The lines between AI and IoT are becoming more blurred. Despite the fact that both technologies have distinct qualities, when they are combined, they provide greater and more distinctive options. We have sophisticated voice assistants like Alexa and Siri thanks to the convergence of AI and IoT.
IoT solutions become increasingly sophisticated because of AI's ability to swiftly glean insights from data. By 2022, Gartner expects that more than 80% of commercial IoT initiatives will include AI in some capacity.
Natural Language Processing is number seven (NLP)
NLP is now one of the most extensively utilized AI applications. The increased popularity of NLP may be attributed to its widespread use by Amazon Alexa and Google Home. NLP has reduced the necessity for writing or interacting with a screen since people can now speak with machines that comprehend their language.
The usage of natural language processing (NLP) in sentiment analysis, machine translation, process description, auto-video caption creation, and chatbots is predicted to grow in 2021.
Reinforced learning (RL) is a kind of deep learning that improves data efficiency and effectiveness by learning from previous experiences. Robotics may be used to develop corporate strategies, optimize marketing content, automate industries, operate airplanes, and create motion control robots, to name a few examples.
Quantum Artificial Intelligence
Advanced firms will begin utilizing quantum supremacy to measure Qubits for usage in supercomputers. Quantum computers solve problems faster than traditional computers because of quantum bits. They also aid in the understanding of data and the forecasting of various distinct trends.
Quantum computers will assist a variety of companies in identifying inaccessible difficulties and predicting viable remedies. Future computers will also be able to handle a wide range of applications in industries such as healthcare, finance, and chemistry.
Business Forecasting and Analysis Powered by AI
With real-time warnings, AI technologies help to redefine business workflow. To better understand market demands, researchers combined hyper-automation with cognitive automation. Content-aware technology, along with AI-friendly practices, will help digital employees build exceptional skills. Natural language, judgment, context building, reasoning, and data-related insights may all be automated using these talents.
Edge computing connects gadgets to servers and data storage, allowing people to view and save data on their devices. It is defined as real-time data processing that outperforms cloud computing services. Another kind of edge computing is that which is carried out on nodes. It's a small server that's positioned near a local telecoms provider. Nodes assist in the creation of a connection between the local service provider and the cloud. It is less expensive, saves time, and delivers quick service to clients.
The emergence of the hybrid workforce
Companies will jump on the RPA bandwagon after the COVID-19 epidemic, which implies cognitive AI and RPA will be extensively used to handle high-volume, repetitive tasks. The workplace will transition to a hybrid worker environment as evidence of increased utilization emerge. Human workers will collaborate with bots and other digital aids. More collaborative AI experiences will result from the advent of a hybrid workforce.
Artificial Intelligence has endless potential for improvement and growth. These top developing trends merely hint at what AI and its peers might expect in the future. We are excited to watch how machine learning and AI progress in 2022 and what new ideas they offer. The scope of AI differs from organization to organization. Organizations must keep up with current trends and identify ways to use AI-powered solutions to grow. Contact us at Bayshore to understand how we can assist your company with AI, machine learning, and annotation.