Artificial Intelligence in 2022
The pandemic outbreak has caused a growth in the adoption of artificial intelligence by various enterprises. A 2019 forecast has pegged the increase in investments in artificial intelligence at $97.9 billion by 2023. The potential in AI has only seen a steep growth after the pandemic broke out. It has been suggested in a survey published in the McKinsey State of AI in November 2020 that AI functions have been adopted by at least half of the organizations.
AI gains in significance even more as organizations continue their efforts at the automation of day-to-day operations and understanding how Covid-19 has affected data sets. As work from home continues to gain traction with no signs of the pandemic ebbing, businesses continue to get connected more than has ever been seen before.
2022’s Top Artificial Intelligence Trends
AI adoption has been limited in its focus, restricted to only making operations more effective. The stakeholder’s experience can be improved as well by leveraging AI. Let’s take a look into what trends are expected in the field of AI in 2022.
Augmentation Of The Workforce
The fear of machines and robots taking up the roles played by a human workforce looms upon us. There’s also this lurking apprehension that AI shall cause certain roles to even become obsolete or redundant. However, that’s far from true. In reality, with more and more companies starting to use machines to crunch data and with an increasing leveraging of AI for interpretation of that data for drawing meaningful information from it, the human workforce working in tandem with AI becomes even more necessary.
Workers shall feel encouraged to sharpen their skills and be more cognitive in their approach to their work. We may observe functions like marketing where AI is being used increasingly to decide which leads should be pursued and which ones should be dropped. The application of AI in engineering has been manifested in more efficient preventive maintenance that has helped companies avoid costly repairs. It’s an indication that every function in an organization will benefit from AI causing them to become more efficient.
Artificial Intelligence And Cyber Security
Cybercrimes and cyberattacks see a continuous rise and the World Economic Forum has identified it as a critical issue that needs to be dealt with in 2022. With the involvement of machines in every aspect of our lives continuing to rise, the threat of cybercrime becomes increasingly grave.
It’s only simple logic—a rise in the number of devices that you add to the network increases the risk of there being a point of failure that attackers may exploit to gain access to all your sensitive data. Again, networks continue getting more and more complex with each passing day. Artificial intelligence is all set to play an important role here. AI can use smart algorithms to identify patterns in network traffic and then highlight suspicious activities.
More Efficiency In Language Modeling
Language modeling is poised to see the increasing use of machines. It implies machines communicating with humans in a language that the latter can follow. It also involves using codification in converting human languages so that various applications can be run and executed.
The release of an application by Open AI they have named GPT-3 is a good example we can cite. Comprising as many as 175 billion parameters, it’s claimed that this is the most advanced language model that the world has seen to date. It includes several data points and variables. It’s reported that Open AI has already started working on what will be GPT-3’s successor, the GPT-4 a further improvement on the previous version. GPT-4, it’s expected will be 500 times more powerful than GPT-3 as it’ll comprise 100 trillion parameters.
VEHICLES DRIVEN BY ARTIFICIAL INTELLIGENCE
Yet another application of AI playing as the brains of a complex system will be seen in its running of various modes of transport like cars, ships, and even aircraft. It’ll help bring about a massive improvement in the travel experience of passengers. Tesla is the pioneer in using AI to enhance the driving experience. AI also makes driving safer as the engine with built-in AI features can sniff obstacles thereby preventing collisions. AI, therefore, has a critical role to play in saving lives and preventing 1.3 million people from dying in accidents on an average every year.
Tesla has confirmed that in 2022, its cars will come with self-driving capability. However, there’s only a remote possibility of these cars being commercially available in 2022. The launch of the Mayflower Autonomous Ship (MAS) equipped with an IBM launched intelligence component shall usher in the use of AI in ships.
Low Code/No Code Artificial Intelligence
The lack of skilled engineers with the ability to develop the necessary tools and algorithms is a major challenge all organizations face. Providing simple and interactive interfaces as no-code or low code solutions helps deal with this challenge. It will help create complex artificial intelligence systems.
For example, in web designing, with no-codes tools, the designer simply needs to drag and drop the features he seeks on the website onto the page—and voila, the website’s ready! With the creation of multiple pre-created modules and the injecting of specific data, no-code AI systems are poised to create smart applications. Then there are the NLP and Language Modeling technologies we can use to deliver voice-based instructions to have several tasks performed.
Conclusion
Artificial Intelligence can help the workforce boost its skills and become more efficient and productive. With the use of smart algorithms, AI can help point suspicious activities in your network and prevent cybercrime. With more efficient language modeling, codification can be used to convert human languages to execute various applications. AI is also being used to raise safety in driving vehicles. Low code/no-code AI makes the technology more user-friendly making it accessible to the common man.
Artificial intelligence is therefore all set to play a very important role in our day-to-day lives. Thus, great are the possibilities, we are left wondering if there are any areas at all where the application of artificial intelligence may not be required.
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