Artificial Intelligence has had its impact virtually on every industry and human being. AI is considered the main driver of emerging technologies like big data, robotics, and the Internet of Things (IoT), and will act as a technological innovator in the foreseeable future.
The impact AI is having on our present lives is hard to ignore, be it in sectors such as transportation, manufacturing, healthcare, education, media, and customer service. However, AI in these sectors is all nascent, and the true self of artificial intelligence will unfold itself in the future as more and more companies are investing hard on AI technology. Companies are spending close to $20 billion on AI products and services annually.
Let’s take a look at what the future of AI could hold for us in different sectors.
The future of entertainment will change drastically with AI in the picture. Though wild on imagination, we give you a scenario that could be the future of AI in show biz. You could sit on your recliner and order a custom movie featuring virtual actors of your choice. Thanks to the evolution of predictive programs and tools, film studios could judge the movie viewer’s moods and script a film’s storyline accordingly. Studios could also forecast a movie’s box office potential and negate delivering flops.
Artificial intelligence could be the elixir of life when it comes to the medical field. With AI, medicine can be tailored to suit the patients’ exact genome and ward off illness. AI algorithms could enable the healthcare industry to analyze data better and customize health care to the environment, genes, and lifestyle of each patient. Right from diagnosing which cancer treatment will work best for an individual to identifying brain tumor, AI is in the course to drive the personalized medicine revolution.
Despite technology becoming more and more potent, there have been frequent cybersecurity breaches all over the globe. Businesses are struggling hard to stay a step ahead of hackers. Artificial Intelligence enabled self-learning and automation capabilities could protect data more systematically and affordably, keeping people safe from data terrorism or even smaller-scale identity theft. Futuristic AI-powered tools can spot the patterns associated with malicious computer viruses and programs before hackers can commit a data crime.
AI could have a major impact on the transportation sector in the future. We have already seen self-driving cars being tested, but we shall see them be ubiquitous very soon. Companies realize the unique potential of AI in transportation, and businesses are making jaw-dropping investments to improve their bottom line and stay ahead of their competitors. AI in transport is expected to reach $ 3.5 billion by 2023.
In conclusion, AI is here to stay, and the future does look brighter with it. But if we thread carefully, we could have a fantastic future where everybody is better off, healthy, intelligent, and free to live out their dreams with AI in the mix.