Day: July 15, 2020

Written by on July 15, 2020

Top AI and Machine Learning Trends for 2020

General

 

Artificial Intelligence (AI) and Machine Learning (ML) are the most commonly used words that everyone has heard these days. But there are a lot who are still not familiar with them but come through these technologies every day. According to research, it states that 77% of the devices that are used currently have AI built-in them. From the very smart digital device to the youngster’s freak Netflix recommendation products like Amazon’s Alexa and Google Home, AI is the force behind which many modern technologies work that are now part of our daily lives.

 

Besides this, there are a lot of uses for Artificial Intelligence and Machine Learning. IBM’s Chef Watson created a ton Of possibilities with just four ingredients. Also, AI-powered virtual nurses such as Molly and Angel who had already saved lives while robots are assisted with everything from less productive procedures to open cardiac surgery. With the huge demand and great interest in these technologies, many new trends are emerging in this space. 

 

Increasing the use of AI and Machine Learning

 

According to Gartner’s 2019 CIO Agenda survey, the percentage of the organization who bas adopted AI jumped from four to fourteen percentage between 2018 and 2019. Giving the benefits that AI/ ML offers in business analysis, risk management, R&D and resulting cost savings, AI implementation will continue to rise in 2020 

 

However, there is much organization that adopts AI, and Machine Learning haven’t understood this technology fully. In fact, forty per cent of the European companies claim that AI start-up doesn’t use this technology, stated by Forbes.

 

The benefits of AI and ML are becoming evident day by day while businesses will need to step up and hire people with the right skills in implementing these technologies. Many are well on their way. According to some recent survey of Global 500 companies, it shows that most of those surveyed expect their investment in AI-related talent to increase by 50-100% over the next upcoming three years.

  1. Transparency Trends in AI

Despite being so omnipresent, AI still suffers from trust issues. As a business plan to increase their use of the system, they will have to do it more confidently as no one wants to trust those decisions of a system that they won’t understand.

 

Therefore, in 2020 there will be a greater push for deploying AI in a very transparent and defined manner. While companies would be working very hard in making efforts to understand how the AI models and algorithm works, AI/ ML software providers will be making sensitive ML solutions which will be more explainable to the users using it.

 

  1. Rising Emphasis on Data security and regulations

The new currency is said to be Data. In other words, it’s the most valuable resources that the organization are protecting and should even protect it. With AI and ML were out into the mix, it’s only going to increase the amount of data that they use to handle and the risks that use to be associated with …