AI predictions to look out for in 2019

It is not a lie when we say that Artificial Intelligence or AI, is the leading force of innovation across all corporations on the globe. The market for Artificial Intelligence globally is on the rise. From a mere $4,065 billion in 2016, it is expected to touch a whopping $169,411.8 million by 2025.

According to the online statistics and business intelligence portal Statista, a significant chunk of revenue will be generated by AI targeted to the enterprise application market. With the advent of 2019 however, Artificial Intelligence is only expected to cross another threshold in its popularity. Let us look at the top predictions in AI for the year of 2019:

 

• Google and Amazon will be looked upon for countering bias & embedded discrimination in AI 

In fields that are so diverse as to include speech recognition, it is Machine Learning which is the formidable force of AI that enables the speech of Alexa, the auto-tagging feature of Facebook as well as the detection of a passing individual on Google’s self-driving car. When it comes to Machine Learning, existing databases of the decisions taken by humans help it to take appropriate decisions.

But sometimes even the data is not able to depict a clear picture of a group that is broad. This poses a problem because if the datasets are not appropriately and sufficiently labeled, capturing the broader nuances of the datasets is a difficult job.

2019 will surely witness companies who have products devoted to unlocking datasets that are more inclusive in structure, thus reducing the bias in AI.

 

• Finance and Healthcare will adopt AI and make it mainstream

There was a time when the decisions taken by AI relied on algorithms which could justify without too much fuss. Irrespective of the output whether right or wrong; the fact that it could explain decisions holds a lot of importance.

In services like healthcare, decisions from machines are a matter of life and death. This makes it critical to evaluate the reasons behind why a device rolled out a particular decision. The same applies to the field of finance as well. You should be aware of the reasons why a machine declined to offer a loan to a particular individual.

This year, we will see AI being adapted to facilitate the automation of these machine-made predictions and also provide an insight into the black box of such predictions.

 

• A war of algorithms between AI’s

Fake news and fake images are just a couple of handy examples of the ways things are moving ahead in terms of misleading the machine learning algorithms. This will pose challenges to security in cases where machine algorithms either make or break a deal, such as a self-driving car. So far, the only concern revolves around fake news, misleading images, videos, and audios.

More significant, consolidated and planned attacks shall be demonstrated in a very convincing way. This will only make it difficult to evaluate the authenticity of data and its extraction to be more precise.

 

• Learning and simulation environments to train data

It is true when we say that most projects revolving around AI require data of the highest quality with a set of great labels too. But most of these projects fail even without initiation as data that explains the issues at hand isn’t there, or the data which is present is very tough to label, thus making it unfit for an AI consideration.

However, deep learning helps to address this challenge. There are two ways to utilize the deep learning techniques even where the amount of data is pretty less than what is required.

The first approach is to transfer learning- this is a method where the models learn through a domain that is suitable with a large amount of data and then bootstrap the teaching at a different field where the data is very less. The best thing about transfer learning is that the domains are perfect even for different kinds of data types.

The second option is a simulation and the generation of synthetic data. The adversarial networks help out in creating data that is very realistic. We again consider the instance of a self-driving car. The companies producing these cars make practical situations which are focused on a lot more distance than the car will travel in reality.

This is why it is predicted that a lot of companies will make the use of simulations and virtual reality to take big leaps with machine learning which was previously impossible due to many data restrictions.

 

• Demand for privacy will lead to more spontaneous AI

With customers becoming more cautious at the prospect of handing their data to companies on the internet, businesses need to turn to AI and machine learning for access to such data. While this is a move that is still enjoying early days, Apple is already running some machine learning models on their mobile devices and not on their cloud systems, which is a depiction of how things are about to change.

It is assured that 2019 will see an acceleration in this trend. A more significant chunk of the electronic group encompassing smartphones, smart homes as well as the IoT environment will take the operations of machine learning to a place where it needs to be adaptive and spontaneous.

At GoodWorkLabs we are constantly working on the latest AI technologies and are developing machine learning models for businesses to improve performance. Our AI portfolio will give you a brief overview of the artificial intelligence solutions developed by us.

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