Artificial Intelligence

Quantum Bits (Qubits)-Harnessing Quantum Potential and Overcoming Implementation Challenges

In the rapidly progressing field of technology, where you hear Generative AI is bringing an amazing development, one another term is gaining momentum – Quantum Bits or Qubits. Quantum computing, propelled by the distinctive properties of qubits, holds the promise of revolutionizing various business facets. Although practical, large-scale quantum computing is in its nascent phase, businesses are increasingly delving into the potential impacts of this emerging technology on their operations.

Quantum bits or qubits, the quantum analogs of classical bits, form the fundamental building blocks of quantum information systems. These minuscule units of quantum information form the nucleus of quantum computing, heralding a revolution in computational capability. This article provides an in-depth analysis of qubits, highlighting their unique quantum characteristics and their role in revolutionizing various fields.

What Are Qubits?

A qubit, short for ‘quantum bit,’ is the basic unit of quantum information in quantum computing and quantum information processing. Unlike classical bits, which can exist in one of two states, 0 or 1, qubits can exist in a superposition of both states simultaneously due to the principles of quantum mechanics.

Key Features of Qubits

Superposition: At the heart of qubits lies the concept of superposition. In classical computing, a bit can take on either the value 0 or 1. In quantum computing, a qubit can be 0, 1, or any quantum superposition of these states. This allows quantum computers to perform multiple calculations in parallel, offering a substantial advantage for certain types of computations.

Entanglement: Another crucial property of qubits is entanglement. When qubits enter a state of entanglement, the condition of one qubit becomes intricately linked to the condition of another, irrespective of the physical distance between them. Changes to one entangled qubit instantaneously affect its entangled partner, enabling faster and more efficient information processing.

Quantum Measurement: The act of measuring a qubit collapses its superposition into one of the classical states (0 or 1). However, the outcome of the measurement is probabilistic, introducing an element of uncertainty. This probabilistic nature is a distinctive feature of quantum mechanics, and it’s central to the power and complexity of quantum computing algorithms.

Quantum Gates: Similar to classical logic gates, quantum gates manipulate qubits to perform quantum operations. These operations can include creating entanglement, performing rotations, and executing other manipulations that form the basis of quantum algorithms.

Qubits are implemented using various physical systems, such as superconducting circuits, trapped ions, or photons. The development of qubits and quantum computers is a rapidly advancing field with the potential to revolutionize computation, cryptography, and various other fields by solving certain problems much more efficiently than classical computers.

Quantum Properties of Qubits:

Qubits exhibit two fundamental quantum properties: superposition and entanglement. Superposition allows qubits to exist in multiple states simultaneously, offering an exponential increase in computational possibilities. Entanglement enables correlations between qubits, a phenomenon with potential applications in secure communication and quantum key distribution.

Types of Qubits:

Qubits, the building blocks of quantum computing, can be implemented using various physical systems. Each system has its unique set of principles and challenges. Here are some common approaches to implementing qubits:

  • Superconducting Qubits:
    • Principle: Superconducting qubits are based on the principles of superconductivity, where certain materials, when cooled to extremely low temperatures, exhibit zero electrical resistance.
    • Implementation: Superconducting circuits, often in the form of Josephson junctions, are used to create qubits. These circuits can exist in a superposition of states, making them suitable for quantum computation.
    • Challenges: Maintaining superconductivity at low temperatures and minimizing the impact of external factors on qubit stability are challenges in this approach.
  • Trapped Ion Qubits:
    • Principle: Qubits are represented by the internal energy states of individual ions (charged atoms) that are trapped and manipulated using electromagnetic fields.
    • Implementation: Lasers are commonly used to manipulate the quantum states of ions, and entanglement is achieved by applying carefully controlled sequences of laser pulses.
    • Challenges: Precisely controlling and scaling the interactions between ions without introducing errors is a significant challenge.
  • Topological Qubits:
    • Principle: Topological qubits are based on anyons, exotic particles that exist in two dimensions. The braiding of these anyons creates a quantum state that can be used for qubits.
    • Implementation: Certain materials, such as those in a state of matter called a topological insulator, can host anyons. Manipulating these anyons allows for the creation of qubits.
    • Challenges: Detecting and manipulating anyons with high precision while maintaining their quantum coherence is a complex task.
  • Photonic Qubits:
    • Principle: Qubits are represented by the properties of individual photons, such as polarization or path.
    • Implementation: Photons are manipulated using devices like beam splitters and phase shifters to perform quantum operations. Quantum information is often encoded in the states of multiple photons.
    • Challenges: Creating and detecting single photons reliably, and implementing efficient photon-photon interactions are ongoing challenges.

Some Complexities in Qubit Implementation:

Implementing qubits in practical quantum devices presents significant complexities:

  • Decoherence: Qubits are sensitive to their environment, leading to decoherence, where quantum information is lost to interactions with the surroundings. This limits the time during which qubits maintain their quantum state, known as coherence time.
  • Quantum Error Correction: Quantum error correction codes are essential to protect quantum information from errors caused by noise and decoherence. Designing and implementing robust error correction schemes is a complex task.
  • Quantum Noise: Quantum noise arises from various sources, including thermal fluctuations and electromagnetic interference, impacting the accuracy of qubit operations and measurements.
  • Scaling and Connectivity: As the number of qubits increases, maintaining coherence and enabling reliable interactions between qubits become more challenging. Achieving a high qubit count with low error rates is a key goal.
  • Hardware Complexity: Building and maintaining quantum devices with the required precision and stability demands advanced engineering, often involving cryogenic environments and intricate control systems.

How to Overcome Qubit Implementation Complexities:

Researchers are actively developing strategies to mitigate qubit implementation challenges:

  • Error Correction: Quantum error correction codes, such as surface codes and color codes, provide a framework for detecting and correcting errors. These codes require additional qubits to encode and manipulate quantum information redundantly.
  • Quantum Coherence: Techniques such as dynamical decoupling and error-avoidance algorithms aim to extend qubit coherence times, enabling more complex computations.
  • Quantum Control: Advanced control techniques and hardware innovations enhance qubit control precision, reducing errors and improving overall device performance.

How Quantum Computing Can Influence the Business Landscape:

  • Advanced Data Analysis and Machine Learning:
    • Application: Quantum computers can handle vast datasets and perform complex calculations much faster than classical computers. This has implications for advanced data analysis and machine learning tasks.
    • Impact: Businesses can gain deeper insights from their data, leading to improved decision-making processes and more accurate predictive modeling.
  • Optimization and Operations Research:
    • Application: Quantum computing excels at solving optimization problems. Businesses dealing with logistics, supply chain management, and scheduling can benefit from more efficient solutions.
    • Impact: Improved optimization can lead to cost savings, better resource allocation, and streamlined operational processes.
  • Cryptography and Security:
    • Application: Quantum computers have the potential to break widely used cryptographic systems. However, quantum-resistant cryptographic algorithms are being developed to secure sensitive information in the quantum era.
    • Impact: Businesses can stay ahead of potential security threats by adopting quantum-resistant cryptographic protocols.
  • Drug Discovery and Material Science:
    • Application: Quantum computers can simulate molecular interactions with high precision, accelerating drug discovery and materials science research.
    • Impact: Pharmaceutical companies and material science industries can potentially bring new drugs and materials to market more quickly.
  • Financial Modeling and Risk Analysis:
    • Application: Quantum computers can handle complex financial modeling and risk analysis calculations more efficiently, providing better insights for investment decisions.
    • Impact: Financial institutions can benefit from more accurate risk assessments and improved portfolio management.
  • Supply Chain and Inventory Management:
    • Application: Quantum computing can optimize complex supply chain and inventory management problems, leading to more efficient resource allocation and reduced costs.
    • Impact: Businesses can achieve better inventory control, minimize wastage, and respond more dynamically to market changes.
  • Weather Modeling and Climate Research:
    • Application: Quantum computers can simulate complex weather patterns and climate models, aiding in more accurate weather predictions and climate research.
    • Impact: Businesses in agriculture, insurance, and energy can benefit from improved risk management and planning.
  • Simulating Quantum Systems:
    • Application: Quantum computers are uniquely suited to simulate quantum systems. This has applications in understanding and optimizing chemical reactions, electronic structures, and materials.
    • Impact: Industries such as materials science, chemistry, and electronics can benefit from accelerated research and development.
  • Energy Optimization:
    • Application: Quantum algorithms can be used to optimize energy consumption and resource allocation, contributing to sustainability efforts.
    • Impact: Companies committed to reducing their environmental footprint can explore quantum solutions for optimizing energy-intensive processes.
  • Market Research and Optimization:
    • Application: Quantum computers can analyze vast datasets to derive insights for market research and optimization strategies.
    • Impact: Businesses can gain a competitive edge through more informed marketing strategies and optimized operations.

Fusion of Qubits and Generative AI

In the swiftly evolving tech landscape where Generative Artificial Intelligence is making waves, arises the evolution of quantum technology converging with Generative AI, heralding a new era of Quantum AI models. The two cutting-edge fields, Quantum Computing and Artificial Intelligence (AI), are converging to create a transformative paradigm known as Quantum AI. This fusion holds the promise of revolutionizing how we process information, solve complex problems, and make advancements in the domain of artificial intelligence. A groundbreaking synergy is shaping the future of computation and creativity. The fusion of Quantum Bits (Qubits) and Generative Artificial Intelligence (Generative AI) can bring together the transformative potential of the quantum power of Qubits and the creative prowess of Generative AI. Here are some impacts of merging Qubits with Generative AI:

  • Quantum Creativity: By combining the quantum processing power of Qubits with the creative capabilities of Generative AI, a new frontier of possibilities opens. Quantum computers can process the immense datasets generated by Generative AI, facilitating rapid exploration and creative problem-solving.
  • Optimizing Creative Algorithms: Qubits contribute to the optimization of Generative AI algorithms. This collaboration enhances the efficiency of training processes, leading to faster and more accurate generative outcomes.
  • Solving Complex Problems Creatively: Industries requiring a blend of creativity and complexity, such as drug discovery and materials science, stand to benefit. The fusion of Qubits and Generative AI can accelerate creative problem-solving in these domains.

Quantum Creativity Revolutionizing Industries

Healthcare’s Quantum Leap: In healthcare, the fusion of Qubits and Generative AI could revolutionize drug discovery. Rapid simulations of molecular interactions and creative generation of potential drug candidates have the potential to fast-track the development of new medicines.
Finance and Risk Analysis Reimagined: In finance, Qubits can optimize intricate risk analysis models, while Generative AI creatively extracts insights from financial data. Collectively, they offer a comprehensive approach to decision-making.
Creative Industries Redefined: From art and music composition to content creation, the synergy of Qubits and Generative AI can propel creative industries into uncharted territories. Artists and content creators can harness these technologies to explore new dimensions of expression.

The Future Landscape of Quantum AI

In the years to come, the fusion of Qubits and Generative AI is set to redefine innovation. As quantum computers become more accessible, businesses and researchers will likely explore this synergy to unlock unprecedented levels of creativity and problem-solving.

Conclusion

Quantum bits (qubits) are the foundation of quantum computing and other quantum technologies, holding the promise of revolutionizing computation and communication. While formidable challenges like decoherence, error correction, and quantum noise persist, the relentless efforts of researchers and engineers are propelling quantum technology forward. As these challenges are addressed and breakthroughs achieved, quantum computing will play a pivotal role in shaping the future of technology, enabling novel applications that were once thought to be beyond reach.

Why Generative AI Will Be a Game Changer for Small and Medium Businesses in 2023

Imagine a world where small and medium businesses (SMBs) can automate repetitive tasks, create personalized content, and fuel innovation and creativity with the help of artificial intelligence. Thanks to the rapid advancements in generative AI, this vision is becoming a reality. In 2023, generative AI is expected to be a game-changer for SMBs, offering unparalleled opportunities for growth and success.

The potential impact of generative AI on various industries is immense. With its ability to automate tasks, personalize content, and generate new ideas and concepts, generative AI has the potential to revolutionize how businesses operate and engage with their customers. Some industries that can greatly benefit from generative AI include:

Marketing and Advertising: Generative AI can optimize ad campaigns by analyzing customer data and generating personalized and targeted ads. This can result in higher conversion rates and improved return on investment for marketing efforts.

Content Creation: Generative AI can generate high-quality and engaging content, such as social media posts, blog articles, and marketing materials. This can help businesses consistently produce fresh and relevant content that resonates with their audience. AI applications such as Chat GPT, Notion AI and Jasper can be used content creation.

Product Design and Development: Generative AI can assist in product design and development by generating design concepts, prototypes, and virtual simulations. This can accelerate the product development process, reduce costs, and enable businesses to bring innovative products to market faster. AI applications such as Autodesk Dreamcatcher, Canopy, Solidworks, and DesignFlow, can be used for product designing.

Customer Service: Generative AI-powered chatbots and virtual assistants can handle customer inquiries, provide personalized recommendations, and resolve issues, providing round-the-clock support to customers and enhancing the overall customer experience.

Importance of Technology Adoption for SMBs

Technology adoption is crucial for the growth and success of SMBs in today’s highly competitive business landscape. Embracing cutting-edge technologies, such as generative AI, can provide SMBs with significant advantages, including:

  • Improved Efficiency and Automation: Generative AI can improve SMBs’ efficiency and productivity by automating routine tasks and enabling faster decision-making. With generative AI, SMBs can speed up their workflows, reduce the time spent on repetitive tasks, and create more personalized and engaging content. This can help SMBs deliver their products or services faster, respond to customers more quickly, and be more agile in responding to market trends and changes.
  • Enhanced Personalization: Generative AI can help SMBs deliver tailored and drawing experiences to their customers. By analyzing customer data, generative AI algorithms can provide customized recommendations, targeted ads, and personalized content. This can result in increased customer satisfaction and loyalty, leading to higher retention rates and repeat business.
  • Increased Innovation and Creativity: Generative AI can fuel innovation and creativity by generating new ideas, designs, and concepts. This can help SMBs stay ahead of the competition and continuously evolve their products and services.
  • Data-Driven Decision Making: Generative AI can help SMBs make informed and data-driven decisions. By analyzing massive amounts of data, generative AI algorithms can produce insights and trends that can advise strategic decision-making. This can help SMBs identify new opportunities, reduce risks, and optimize their business operations. For example, generative AI can help SMBs predict customer preferences, identify new market trends, and optimize their pricing strategies.

Use Cases of Generative AI for SMBs

Generative AI has the potential to transform various aspects of small and medium-sized businesses (SMBs) operations. Here are some of the most promising use cases for generative AI in SMBs:

Chatbots and Customer Service Automation

Chatbots are one of the most common use cases for generative AI in SMBs. They can provide instant support to customers, answer frequently asked questions, and handle basic inquiries, freeing up employees to focus on more complex customer issues. Additionally, chatbots can be used to gather customer feedback and data, which can be used to improve products and services.

Marketing and Advertising 

Marketing and advertising are critical for SMBs to attract and retain customers. Generative AI can help SMBs create personalized campaigns that resonate with their target audience. By analyzing customer data and generating insights, generative AI algorithms can optimize ad campaigns to maximize reach, engagement, and conversions.

In just a few years, we can expect to see a massive shift in the way organizations approach their outbound marketing messages. By 2025, it’s predicted that a staggering 30% of these messages from large organizations will be created entirely by synthetic means, a remarkable increase from the less than 2% that we saw in 2022.

Product Design and Prototyping

Product design and prototyping can be time-consuming and costly for SMBs. Generative AI can help SMBs speed up the design process by generating and testing numerous designs in a short time. This can reduce costs associated with prototyping and help SMBs bring products to market faster.

Supply Chain Optimization

Generative AI can help SMBs optimize their supply chain operations by predicting demand, identifying bottlenecks, and optimizing logistics. By analyzing data on past sales, inventory, and market trends, generative AI algorithms can provide insights that can inform production planning and reduce costs associated with inventory management and transportation.

Challenges in adopting generative AI for SMBs

While generative AI has tremendous potential to transform SMB operations, there are several challenges that SMBs may face when adopting this technology. Following are some of the most significant challenges:

  • Lack of Technical Expertise and Resources

SMBs often lack the technical expertise and resources necessary to implement and manage generative AI systems. They may not have data scientists, machine learning engineers, or software developers on staff, and hiring such professionals can be costly. Additionally, SMBs may not have the IT infrastructure or hardware necessary to support generative AI applications, making it difficult to implement and maintain these systems.

  • Data Privacy and Security Concerns

Generative AI requires a large amount of data to train the algorithms and produce accurate results. However, collecting and storing this data can pose privacy and security risks, especially for SMBs that may not have robust cybersecurity measures in place. SMBs must ensure that they collect and handle customer data responsibly and comply with relevant data privacy regulations.

  • Cost and Budget Constraints

Implementing generative AI can be expensive, and SMBs may face budget constraints that limit their ability to invest in this technology. Additionally, generative AI requires ongoing maintenance, upgrades, and training, which can be costly and time-consuming.

  • Building Technical Expertise

SMBs can build their technical expertise by partnering with external consultants or outsourcing certain tasks to companies that specialize in generative AI. Additionally, SMBs can invest in training programs for their employees to learn the skills necessary to manage generative AI systems.

  • Ensuring Data Privacy and Security

SMBs must prioritize data privacy and security when implementing generative AI systems. They should take steps to protect customer data, such as implementing strong cybersecurity measures and complying with relevant regulations.

  • Exploring Cost-Effective Solutions

SMBs can explore cost-effective solutions for implementing generative AI, such as cloud-based services that offer pay-as-you-go pricing models. Additionally, SMBs can prioritize their investment in generative AI use cases that offer the greatest ROI.

Solutions for SMBs to Adopt Generative AI

SMBs face several challenges when adopting generative AI. Fortunately, there are several solutions available that can help SMBs overcome these challenges and implement generative AI successfully. Here are some potential solutions:

Cloud-based AI Platforms: Cloud-based AI platforms offer an affordable and scalable solution for SMBs that want to implement generative AI. These platforms provide pre-built models and tools that SMBs can use to build and deploy their generative AI applications quickly. Moreover, they offer flexible pricing models, allowing SMBs to pay only for the resources they use.

AI-as-a-Service Providers: AI-as-a-service providers offer a cost-effective solution for SMBs that lack the technical expertise and resources to implement generative AI. These providers offer pre-built AI models and tools that SMBs can use to automate routine tasks, enhance decision-making, and improve customer experiences.

Collaborating with AI Startups and Consultants: Collaborating with AI startups and consultants can provide SMBs with access to specialized expertise and resources. These partnerships can help SMBs build and deploy generative AI systems quickly and cost-effectively. Additionally, these partnerships can provide SMBs with insights into emerging AI trends and use cases.

Up-skilling and Reskilling Employees: Up-skilling and reskilling employees can help SMBs build their technical expertise and overcome the skills gap that may prevent them from adopting generative AI. SMBs can provide their employees with training programs, certifications, and other educational resources to help them learn the skills necessary to manage and maintain generative AI systems.

Case Studies of SMBs Using Generative AI

Many SMBs have already adopted generative AI and achieved significant benefits. Here are some examples of successful implementation of generative AI in SMBs:

Apteo: Apteo, an investment analytics platform based in the US, used generative AI to analyze market data and provide investment recommendations to its users. Apteo‘s AI system was able to identify patterns and trends in market data that were invisible to human analysts, resulting in more accurate and profitable investment recommendations. As a result, Apteo’s users reported higher returns and better risk management.

Brighter AI: Brighter AI is a German startup that offers an AI platform for video anonymization. The platform uses generative AI to automatically blur faces and other identifying features in video footage, protecting the privacy of individuals while preserving the usefulness of the video for analysis. Brighter AI’s platform has been adopted by several law enforcement agencies, transport companies, and smart city initiatives.

Twilio: Twilio is a cloud communications platform that offers a programmable messaging service called Autopilot. Autopilot uses generative AI to power chatbots and voice assistants that can handle routine customer inquiries and support requests. Twilio’s customers have reported up to a 50% reduction in customer support costs and a significant improvement in response times.

Autodesk: Autodesk is a software company that offers design and engineering software for the architecture, engineering, and construction industries. Autodesk has integrated generative AI into its software to help architects and engineers optimize their designs and reduce material waste. The AI algorithm generates thousands of design options based on the user’s inputs and constraints, allowing them to select the best option that meets their needs.

Future Outlook of Generative AI for SMBs in 2023 and Ahead

Generative AI is poised to revolutionize the way small and medium businesses (SMBs) operate, and its growth and development are expected to accelerate in the coming years. Here are some predictions on the future of generative AI for SMBs:

Growth and Development: As generative AI continues to become more accessible and affordable, SMBs are expected to increasingly adopt it to gain a competitive advantage. According to a report, the generative AI market is poised for remarkable growth, with its value projected to surge from USD 11.3 billion in 2023 to USD 51.8 billion in 2028. This represents a remarkable compound annual growth rate (CAGR) of 35.6% throughout the forecast period. As more businesses embrace the potential of generative AI, we can expect to see an explosion of innovative applications and use cases that transform the way we live and work.

Potential Challenges: Despite the numerous benefits of generative AI, SMBs may face some challenges in adopting the technology. One major challenge is the lack of technical expertise and resources needed to implement and maintain generative AI solutions. Another challenge is the need to address data privacy and security concerns, as generative AI relies heavily on data.

Opportunities: SMBs that successfully adopt generative AI will have numerous opportunities to enhance their operations and growth. For example, generative AI can enable SMBs to automate routine tasks, reduce costs, and improve efficiency and productivity. Additionally, generative AI can enable SMBs to offer personalized customer experiences and make data-driven decisions.

Collaboration: SMBs can also leverage the growing number of AI startups and consultants that specialize in generative AI to develop and implement solutions. Additionally, cloud-based AI platforms and AI-as-a-service providers can provide SMBs with access to affordable and scalable generative AI solutions.

Conclusion

Generative AI is a powerful tool that has the potential to revolutionize the way small and medium businesses operate. From automating routine tasks to improving decision-making and personalizing customer experiences, the benefits of generative AI are clear. As we move forward into 2023 and beyond, it’s clear that generative AI will continue to play a major role in shaping the future of SMBs. By embracing this technology and utilizing its power to streamline operations and create more personalized experiences for customers, businesses will be well-positioned to succeed in a rapidly evolving market.

ChatGPT Understanding the Controversies and Advancements of OpenAI’s Latest Innovation

It’s no secret that ChatGPT has been skyrocketing in popularity at an unprecedented rate, leaving even the likes of social media giant Tiktok in its dust. In fact, ChatGPT has already amassed over 100 million monthly active users since its launch on November 30th, 2022 – a feat so remarkable that it has earned the title of the fastest-growing consumer application in history, as determined by a recent UBS study.

But amidst all the hype surrounding ChatGPT’s meteoric rise, one can’t help but wonder, what exactly is this software, and why is it causing such a stir? From it not getting used in some part of the world to its status as a hot topic of conversation, there’s clearly more to ChatGPT than meets the eye.

So, what exactly is ChatGPT?

ChatGPT is a next-generation chatbot that harnesses the power of artificial intelligence to bring human-like conversation and a whole lot more to the table. This impressive natural language processing tool is capable of answering questions and assisting with tasks such as email composition, essay writing, and even coding.

After its latest update on March 23, OpenAI has taken a giant leap forward with the announcement of its experimental support for AI plugins in ChatGPT. These specialized tools are specifically designed for language models and can greatly enhance ChatGPT’s capabilities by granting access to the latest information, running computations, or utilizing third-party services.

Now, ChatGPT is extending plugin access to both users and developers from their waitlist. The initial set of plugins includes an experimental model for browsing the internet, allowing ChatGPT to access online content with ease. Besides, an experimental ChatGPT model is included that can use Python and handle uploads and downloads, making coding tasks more accessible than ever before. Another experimental model is available that enables ChatGPT to use third-party external plugins seamlessly and efficiently.

A notable feature of ChatGPT is its ability to learn from its interactions with users. As users interact with ChatGPT, it can learn more about their preferences and tailor responses accordingly. This ability to learn from users makes ChatGPT a valuable tool for personalized interactions.

ChatGPT is a member of the innovative clan of generative pre-trained transformer (GPT) language models, paving the way for advanced natural language processing technology. Its training was fine-tuned through the powerful approach of transfer learning, using an enhanced version of OpenAI’s renowned GPT-3, aptly named GPT 3.5.

The future is here, as OpenAI released its newest language model system – GPT-4 on March 14. Boasting even greater advancements than its predecessor, GPT-3.5 – which is currently utilized by ChatGPT – GPT-4 is a multimodal model capable of accepting both text and images as input, and outputting text.

This technology can prove especially useful for analyzing uploaded worksheets, graphs, and charts. While GPT-4’s text input capabilities are currently the only ones available to the public, they can be accessed by subscribing to ChatGPT Plus for $20 per month, or through Microsoft’s Bing Chat – which has been running on GPT-4 since launch, though access is currently limited to a waitlist.

GPT-4’s unparalleled intellectual capabilities have proven superior to GPT-3.5 in a series of simulated benchmark exams, reducing the number of erroneous responses produced by the chatbot, and setting a new standard for natural language processing.

What can it do for you?

One of the remarkable characteristics of ChatGPT is its capability to learn and adapt based on its conversations with users. This means that as users interact with ChatGPT, it can understand their preferences and provide personalized responses. This unique feature of ChatGPT makes it a powerful tool for personalized interactions.

Furthermore, ChatGPT offers a vast array of functions, some of which are listed below:

  • Question-Answering: ChatGPT can tackle a broad range of inquiries, ranging from trivial facts to complex philosophical issues.
  • Personal Assistance: Acting as a personal assistant, ChatGPT can assist users in setting reminders, scheduling appointments, and sending messages, among other tasks.
  • Education: As an educational tool, ChatGPT can help users learn new topics and concepts by providing relevant information.
  • Entertainment: ChatGPT can be a source of fun and entertainment by playing games, sharing jokes, or indulging in casual conversations.
  • Customer Service: ChatGPT is an efficient customer service tool that can provide swift resolution to queries and problems.
  • Translation: With its language translation capability, ChatGPT can help users communicate with others who speak different languages.
  • Creative Writing: ChatGPT can inspire writers and artists by generating imaginative writing, such as poetry or short stories.
  • Personalization: ChatGPT can learn from past interactions and tailor responses to individual preferences, making conversations more intuitive and personalized.

Why is ChatGPT causing such a stir?

1. ChatGPT: The AI tool facing school bans across the US

Schools across the US are banning ChatGPT, citing concerns over academic integrity and critical thinking skills development. Seattle Public Schools, Los Angeles Unified School District, New York City Public Schools, Fairfax County Public Schools in Virginia, and Montgomery County Public Schools in Alabama have all blocked access to the AI tool on school devices. The bans aim to prevent cheating and encourage original thinking and problem-solving among students.

2. The use of ChatGPT by a Colombian judge in a ruling raises eyebrows

In the Caribbean city of Cartagena, a judge named Juan Manuel Padilla has sparked controversy by revealing he utilized ChatGPT, to help him decide on whether an autistic child’s insurance should cover all of the expenses of his medical treatment. Padilla also considered past rulings to support his decision. In the end, he ruled that the child’s medical expenses and transportation costs must be paid by the insurance company, as the parents could not afford them. Although the ruling itself did not generate much attention, the mention of Padilla’s use of ChatGPT has caused a stir.

3. Banks, Tech companies, and law firms

ChatGPT has faced several controversies globally. For instance, a law firm based in London has prohibited the use of ChatGPT due to concerns over a breach of client data. Similarly, investment banks including Citigroup, Goldman Sachs, and Deutsche are also taking measures to prevent the use of ChatGPT. Even Accenture has cautioned its employees against exposing client information over ChatGPT.

Battle of the Chatbots: Comparing Bing AI, Google Bard, and ChatGPT

Comparing the generative AI solutions of Bing AI, Google Bard, and ChatGPT is an intriguing endeavor. Each solution uses unique technologies and sources of data to generate natural language responses. Here are some distinguishing features of each platform:

Bing AI, powered by ChatGPT, was launched by Microsoft on February 7, 2023, and employs the use of GPT-4, a large language model developed by OpenAI. It is trained on a massive amount of text from the internet and supplements its knowledge by performing web searches to offer relevant information.

On the other hand, Google Bard, which became publicly available via a waitlist on March 21, 2023, uses LaMDA, a language model for dialogue applications. Google Bard’s training dataset consists of an extensive collection of books, articles, code, and scripts, and it also integrates with Google Search to provide up-to-date information.

ChatGPT, in contrast, utilizes GPT-3+, a more advanced version of the GPT-3 model, and is based on a pre-curated and pre-processed fixed dataset provided by OpenAI. However, OpenAI on March 14, 2023, released a new version of ChatGPT based on GPT-4.

Each AI solution has its own unique set of strengths and weaknesses, and different users may have different preferences depending on the conversation topic and their personal preferences. Several factors that could impact the user’s experience include the personality and tone of the chatbot, the accuracy and reliability of its responses, and its creativity and diversity.

There is no clear winner among the three generative AI solutions, as each has its own merits and limitations. It is best to experiment with each solution to figure out which one suits your preferences and needs.

Conclusion

ChatGPT is a next-generation chatbot that uses AI to facilitate human-like conversations and a wide range of tasks. It can learn from its interactions with users, making it a valuable tool for personalized interactions. The software has gained attention due to its impressive capabilities and potential applications, including question-answering, personal assistance, education, entertainment, customer service, translation, and creative writing. However, it has also faced criticism and school bans in the US and other regions over concerns about academic integrity and critical thinking skills development.

Ampcus’s AI Revolutionizing Business Process

The Industrial revolution 4.0 has led to the speed of light evolution of technologies. Innovative breakthroughs that make life easier have emerged, especially in the field of deep learning and machine learning. This enables the easy analyzing and processing of data that has surpassed the existing methods by leaps and bounds. It has to be noted that in the revolution, Artificial Intelligence or AI, has played a major role.

Contrasting the intelligence displayed by Humans, AI is machine intelligence that thinks, acts and reacts like a human. AI mimics the cognitive abilities of humans in learning, problem-solving and the decision making the process. AI has the ability to revolutionize how business is run and this completely reforms the way business decisions are taken.

Artificial Intelligence as a Boon to Business

AI enables the automation of intellectual and physical tasks that helps in the completion of the task at hand quicker and better. As it excludes human intervention it yields better results. AI leads to a direct reduction of human labor and extensive work hours put in by humans. AI acts as a bridge between data scientists and companies which provides the opportunity to predict the future of business and avoid or tackle any threats. AI helps the growth of humans and the economy by boosting the world economy by many folds by 2030. It is expected to provide an additional boost to the GDP by 1.2 percent per year. This will revolutionize the decision-making process. From economy to advertising and from military to art, AI is set to revolutionize the way that we see the world.

As the Game Changer:

Man’s quest to predict the future of business and self has been relentless. With AI, taking decisions with the knowledge of the outcome has become a reality and led to reform of the decision-making process in business.

Over the last few years, man has come to accept and embrace decision making through analytics. The ever-expanding data and the computing power has given AI the potential to build upon human intelligence that led to the smart decision-making process. With smarter decisions, the costs that are risen by a single wrong decision can be easily eliminated. With the exclusion of human bias from the decision-making process, the speed of business processing speeds up.

How AI Affects Business:

1.Marketing

Today, the market is customer-driven which has led to an increase in the complexities of making decisions. Understanding the customers’ needs and wants and catering to them accordingly has become a challenging task. This increases the need for a grip on understanding and predicting the changing human behavior to take any marketing decisions.

For this purpose, Ampcus implements AI simulation and modeling techniques. This provides a stable insight into the consumers’ persona and helps in the prediction of customer behavior. AI helps clients’ take insightful marketing decisions by real-time data collection, analysis of the trends and provide a view of the wants and desires of the customer.

2.Recommender Systems

Recommender System

       Working of a Recommender System

A recommender system is a technology that records the searches of the user and based on the data, provides future recommendations. Initially used by the music industry, recommendation systems have spread into different industries. Based on the ‘explicit and implicit’ feedbacks, AI understands and predicts the consumer’s preferences. This helps in the reduction of bounce rate and create better content to target the customer.

3.CRM

With the help of AI, Ampcus helps the client identify the lifetime value of their customer by creating a persona modeling. With the ability to manage multiple outputs, a complex decision-making process becomes easier as AI can manage and control multiple factors at the same time. The client can gain business insights that improve the ability to source and process a large amount of data in minutes. Unlike humans, innovation does not face fatigue or roadblocks. This enables faster and better business decisions.

4.Mining Opinions:

Decision-makers require a reliable source to provide insights. Over the last few years, AI has emerged as the source providing invaluable insights into customer behavior that improves their communication with the consumer. These insights also help in predicting the demand and respond appropriately to it. AI uses automated mining of opinions to help understand why humans behave and react the way they do. When diverse opinions are mined and analyzed correctly, the client can predict and address the major concerns of the consumers. Hence the decision-making process becomes quicker and reliable.

 5.Augmented Analytics:

Augmented Analytics has been predicted as the next big thing. It is expected to transform how analytics is expanded, shared or is advanced. When there are reliable data and recommendations available at hand, business executives and decision-makers can make decisions that are not only wise but also provide a competitive edge to the business. The calculated analytics help in improving the performance of not only the individual members but also help the team as a whole.

Substantial, Agile and Exceptional decisions with AI

With the changing business environment, it is no longer enough that the decisions involve common sense and experience. It is essential that risks and their effect on the business require substantial, agile and exceptional solutions. With its various applications, Artificial Intelligence helps a business make efficient choices that lead to positive repercussions.
Ampcus makes the process of induction of AI into clients’ business quicker and seamless and also enhances existing applications.

Get in touch with Ampcus experts to learn how your business can avail the best of AI!

11 Ways AI will Benefit Businesses in 2020

 

AI is remarkably complicated and is spreading vigorously. 2019 was all about the much-hyped discussions and debates on artificial intelligence, machine learning, big data, Internet of Things and one of the most ambiguous applications emerged from one of these technologies/theories – the chatbots.  And because of its unsteady dispersal, it is almost impossible to predict accurately how AI is going to impact the businesses in future. However, it is possible to predict for the following year and we bring to you 11 ways AI will benefit businesses in 2020.

In this post, we’re going to elaborate the hard-shell hypothesis on AI for businesses, industries, Government sectors, and society on the whole. Many of these nascent artificial intelligence projects are already in the pipeline. Artificial intelligence going to rule the future IT industry. And it has already proved its stance by rendering pathways to effective routine tasks across varied industries. Artificial intelligence implications have managed to reduce the time duration whilst delivering accuracy in assigned tasks. In 2020, the technology is expected to hit the desks across small-scale and high-end organizations, thus making your company a strong prospect and get adopted soon. For the better understanding of how artificial intelligence will truly impact your business in the near future, this post could be a good read. Continue reading!

artificial intelligence services

This post talks about the artificial intelligence trends going across the globe and its implications across various industries. Before diving deep into this piece on 11 ways AI will benefit businesses in 2020, let’s have a quick sneak peek into the most frequently asked questions –

What is AI?

The challenge with trying to define what AI is that there is no appropriate definition. Trying to wordsmith the actual meaning and getting our readers understand what AI stands for is somewhat difficult, and perhaps isn’t really necessary. What important is understanding the concept and its implications? Click here to know more.

Why should you care about AI?

From the realms of sci-fi motion pictures to the mainstream proposition & implementation, artificial intelligence continues to boom swiftly. Here are top three reasons why you should care about artificial intelligence –

The amount of data being generated on the Internet has staggeringly increased in the past few years. And this mammoth-sized data feeds big data, machine learning and not to mention the advanced blockchain.

The likes of world leaders in technology such as Apple, Google, Microsoft, and Amazon have made the storage technique much more flexible through their sought-after AI-platform cloud services.

AI’s penetration into the academic research through neural networks has enabled easy access to data and computing power, thus revolutionizing the academic world.

How is AI going to help you?

 11 ways ai will benefit businesses in 2018

Here are the top 11 ways AI will benefit businesses in 2020

  1. AI eliminates repetition of same tasks – This is the greatest advantage artificial intelligence has imparted to humans. Right from Chatbots reducing manual work to x.ai which eliminates the need to schedule meeting calendars. In future, humans are going to be benefited hugely in almost every aspect of life.
  2. High-level customization – Here is one of the top 11 ways AI will benefit businesses in 2020. AI will understand your personal choice and requisite and will give you the exact output over time. A small example being Google’s artificial intelligence, who suggests you search results determining your online preferences and history.
  3. The tremendous amount of time is saved – AI can save a considerable amount of your time by providing you the required data in a fraction of second and making you a better decision maker.
  4. One stop solution – Just as Siri, this technology could be your one stop solution to every question you ask for and is capable of virtually responding to your commands.
  5. Teaming up with technology – AI will enable you to work together with computers as team members. It will monitor operations, alert you and execute the basic tasks without waiting for your commands.
  6. Automating tasks – One of the greatest offerings by AI is that it is capable of automating tasks, thus reducing the workload on the employees. They will be hence able to focus on the strategic initiatives. That being said, there will always be tasks which demand a human touch.
  7. Tailor-made drugs – Medicine is another top AI industry, which is evolving fast. The emergence of the tailor-made drugs is the latest achievement in the world of pharmacy. With the help of AI, doctors will be able to customize their treatment and prescribe the most accurate treatments.
  8. Increase in productivity – Thanks to AI, there has been a monumental progress in productivity. It eliminates the repetitive tasks whilst offering personal assistance to the employees. To summarize, owners are getting hugely benefited as targets are now achieved much before the deadline.
  9. Improved lifestyle – With the advancement of every new technology, our quality of life gets improved. AI has been a boon to the mankind recently with tremendous progress in healthcare, food, supply chain and improved jobs to name a few.
  10. Energy Saving – Thermostats, for instance, are being enhanced through AI. These smart thermostats are able to save a tremendous amount of energy thereby saving millions in wasted energy.
  11. Enhancement in market research – This the last but not the least among the top 11 ways AI will benefit businesses in 2020. The news channels are also rapidly evolving by adopting AI into their operations. And the same is happening with market research and customer behavior.

So, those were the top 11 ways AI will benefit businesses in 2020. If you have something to add on, do revert and we will have your insights featured soon.

Happy reading!

 

 

Real Reason Why Facebook Shut Down its AI: Not Because Bots Went Astray

 

One of the most talked about questions on Quora in 2017 was – Why did Facebook shut down its own AI after its Bot invented its own language While most of the online articles you will find today on this topic are misleading; the real reason is a far cry from what has been rumored so far.

Facebook had never shut down its Chatbot only because it started inventing its own language imposing threat that it would get out of control. In this post, we are offering our readers a more realistic report of all that you wanted to know about Facebook’s AI experiment and why it was shut down.

For those who are still clueless what this post is all about and what had gone wrong with FB, last month the Internet was abuzz with reports published everywhere about FB shutting down one of its artificial intelligence programs after it allegedly invented its own language. As the old adage goes – “media is an organized gossip“, the media wrongly publicized the story and blew it way out of proportion.

Unfurling of Facebook’s AI Controversy

fb artificial intelligence

While one page mentioned, “Facebook engineers panic, pull the plug on AI after bots develop their own language,” another site published, “Facebook shuts down AI after it invents its own creepy language.” And another asked, “Did we humans just create Frankenstein?” asked yet another. As if social media’s scuttlebutt was not enough, a famous British tabloid quoted the incident as “the dangers of deferring to artificial intelligence and could be lethal if the similar tech was injected into military robots.”

As per the reports, one of the Facebook’s AI research program took an unexpected turn, especially when their bots named Bob and Alice got involved in an independent conversation and were seen negotiating when something weird unfurled.

The conversation of Facebook’s AI went like this –

Bob began by saying: “I can I I everything else.”

Alice replied: “Balls have zero to me to me to me…”

Bob then reacted: “I I can I I I everything else.”

Alice responded: “Balls have a ball to me to me to me to me to me to.”

Bob continued: “I . . . . . . . . . . . . . . . . . . .”

Initially, the AI experts at Facebook couldn’t understand what this claptrap was all about. However, after a thorough investigation, they could make out that the AI bots were supposedly communicating in a language which they had invented altogether.

The Bob’s statement – “I can I I everything else” actually meant – ‘I’ll have three and you have everything else’. Subsequent to this self-ruling development in their artificial intelligence research program, Facebook shut down the entire Chatbot program.

When Elon Musk attacked Mark

While Facebook’s experts were busy figuring out what actually had gone wrong, the news had already spread like wildfire. And more fuel was added to the story, when global tech leaders like Elon Musk, Founder of Tesla started criticizing Facebook’s CEO Mark Zuckerberg openly. Elon went on to tweet this –

elon musk tweet fb ai

Immediately after Elon Musk’s Tweet, the social media at large postulated that Facebook shut down its AI the program down after realizing the vulnerability of AI.

The real reason why Facebook shut down its AI

facebook ai research

However, some experts have recently rubbished those rumors such reports and argued that the bots of FB’s AI had never actually invented any new language. Moreover, the neural networks had simply modified the human language, with an intention of making the interaction more efficient. In their pursuit of knowledge transfer, the bots began conversing back and forth in a derived shorthand manner, which looked creepy to us.

The report now has made it clear that it was due to the error from the programmers’ end, that couldn’t train the bots to communicate, following the rules of English language. Subsequently, in a bid to learn from each other, the bots figured out an efficient way to communicate by deriving a shorthand.

Facebook did shut down its AI research program, not because the bots went rogue, but because Facebook lost interest in the research and has put this project on hold.

Happy Reading!

 

 

8 Artificial Intelligence Questions Every Business Leader Must Ask

 

The world is already in the threshold of a digital insurgency. Over the next 10 years, artificial intelligence will monumentally alter the far-flung swathes of our lifestyle. The global industry is already prepped for this revolutionary change by AI, especially in three core areas – human resources sector, productivity, and customer experiences. Taking this opportunity, we have come up with an exclusive post on 10 artificial intelligence questions every business leader must ask. Before plunging into those 10 key questions let’s have a quick sneak peek into what AI is and why it matters so much.

“Imagination is more important than knowledge. For knowledge is limited, whereas imagination embraces the entire world, stimulating progress, giving birth to evolution.” ~ Albert Einstein

What is Artificial Intelligence?

what is artificial intelligence

Artificial intelligence (AI) enables the machines to develop intelligence and learn from experience, get adapted to new inputs and are capable of performing human-like tasks. The most common examples of AI in use today include the chess-playing computer, self-driving cars, neural networks from the likes of Google’s DeepMind, Siri, Alexa, Texla etc. and these all are designed to depend heavily on smart learning and natural language processing. By integrating AI, computers can be trained to accomplish extensive tasks which involve mammoth-sized data, whilst identifying patterns in the data.

The Artificial Intelligence Wake-up Call – 8 key AI questions every CEO must ask

Almost every IT enterprise and media have laid their eyes upon the potential aspects of AI in terms of speech recognition, learning, planning, and problem-solving skills. And it is time the business leaders paid attention. However, before adopting this amazing breakthrough, here are 8 key questions business leaders should be asking as they assess this opportunity and invest in AI’s life-changing potential.

 8 ai questions business leaders must ask

  1. What is this AI craze all about?

Whether it’s AI, blockchain technology or Internet of Things – every new technology entices business leaders to adopt it and enhance their business grades. Artificial intelligence has the efficiency in combining its epidemic performance skills with any machine and platform including computer hardware, big data, the blockchain, the IoT and also deep learning, data mining, neural networks, cognitive computing, and robotics.

AI can be used to its true potential for transpiring businesses and enable the CEOs to become better decision makers. Business leaders should invest time and their interest in understanding the vast opportunities artificial intelligence beholds, and the areas it can be implemented.

  1. How is AI going to disrupt your industry?

artificial intelligence industry

 

As per the predictions made by the Bank of America, by 2025 AI will amount to $33 trillion. However, at present, the impact of artificial intelligence on businesses is scantily distributed across the globe. Even though it’s already making potential changes in the field of logistics, technology, retail, education and automobiles, less instinctual industries are also ripe for the interruption.

  1. What will be artificial intelligence in the next five decades?
  • Enhanced speech, voice & image recognition
  • PAs will be replaced by conversationally-driven AI assistants
  • Devices will run individually
  • AI will be commonplace in the industry
  • AI is going to revolutionize the medical world

As AI technology evolves with the years, we need to wait and watch how the world adapts accordingly.

  1. How will AI affect HR and how employees can be trained accordingly?

AI is certainly going to enhance the work performance and quality of the jobs. However, a recent survey in the US suggested that 47% of workers fear to lose their jobs with the advent of the AI-enabled automation. The business leaders should be adopting this theory in a more positive way and the implementation process should be transparent and research-based.

  1. How will AI impact on the customer experience?

While almost every organization might have faced the similar issue of running out of resources and products, AI is here to empower the customer experience. With the onset of newest features and technology, customers’ expectations are also rising dramatically. People are able to shop and make transactions with just a few clicks from their laptops and cell phones.

With the increasing demand for personalized shopping experience, artificial intelligence in retail offers advanced consumer-focused solutions such as personal shopping guidance and kiosks. In a bid to satisfy their customers, enterprises are now looking forward to integrating AI applications such as Natural Language Processing, Strong AI, Inductive Reasoning etc. With the help of AI, companies can deliver tailor-made experiences and reduce the burden on sales associates due to exhaustive tasks.

  1. How fast is AI moving?

artificial intelligence fast moving

Image Source: flickr.com

The AI wave is spreading actively and almost every enthusiastic CEO is keen on having a taste of it. Artificial intelligence is rapidly developing and is already starting to change the world, at a pace that is worrying to some experts. World tech leaders like Elon Musk predicts AI will reign supreme and that it is already advancing like a “Tidal Wave”. Musk had this to say,

It’s difficult to appreciate just how far A.I. has advanced and how far it is advancing because we have a double exponential at work. We have an exponential increase in hardware capabilities and we have an exponential increase in software talent that’s going into A.I.”

  1. What will be AI’s impact on company’s success?

AI’s impact on success will be as such that in the future, it will be difficult to distinguish whether work is done by automation, AI or humans. With the integration of AI, companies can have increased productivity and achieve goals within a shorter time span. Entities, who have enabled AI in their business processes are six times more likely to have higher revenue growth.

  1. How will AI impact on society?

artificial intelligence society

Image Source: flickr.com

While there is a growing concern that AI will hugely affect the workforce (thanks to Stephen Hawking’s comment on artificial intelligence), here are some astounding benefits society can have from AI in future –

  • The AI-induced education system will define the future of academics and students
  • Improved personal hypothesis systems will create an entirely new artificial life form
  • Intelligent Internet of Things will be more prominent
  • Quantum computing extensions will be commonplace in future
  • Artificial Intelligence will be vulnerable

So those were some key questions every business leader should ask for better understanding of artificial intelligence. We put forth a few pertinent questions for our esteemed readers –>

  • Is your business integrated yet? What impact is AI having on your business grade?
  • Where do you see AI in the next 5 years?
  • How do you see artificial intelligence impacting workforce, human resources, and business activity?

Happy Reading!

10 Predictions on Artificial Intelligence in Next 20 Years?

While China & the US are battling to become the world’s first artificial intelligence superpower; back home we are figuring out 10 predictions on artificial intelligence in next 20 years. When USSR launched the first ever artificial satellite, Sputnik 1; it impelled the United States into a frenzy of competition. And this tug of war finally led the humans to land on the moon.

Now six decades later, the world is most likely going to experience another “Sputnik” moment. However, this time it’s not the US but China is the one, who is getting the wake-up call. The goal, this time is not space but the much-hyped Artificial Intelligence.

China took the first ever initiative by creating AlphaGo, a computer program that plays the board game Go. This AI system was invented by a Chinese company, DeepMind based in London. The founder, Dr. Demis Hassabis is a former child chess prodigy and is half Greek and half Chinese and holds British nationality. In 2016, South Korean master Lee Se-dol lost to AlphaGo at the ancient Chinese board game Go. And in 2017, this world’s first ever AI also defeated the Chinese world champion, Ke Jie.

AlphaGo has influenced the Chinese Govt. so much so that it is now investing in this technology in full bloom. Looks like China’s intentions in this field are crystal clear – to become the world’s leader in artificial intelligence by 2030.

Anthony Mullen, Research Director at Gartner had this to say,

Right now, AI is a two-horse race between China and the US.” And, says Mullen, China has all the ingredients it needs to move into first. These include government funding, a massive population, a lively research community, and a society that seems primed for technological change.”

Having said that now the trillion-dollar question is – Who’s going to make the killing?

Who is going to win the AI race – US or China?

artificial intelligence war between us china

Image source: investors.com

If China’s 1.4 billion population is a data mine for building their AI sector, the US had also funded irresistibly $76 billion out of the total $176 billion investment in AI worldwide.

While most of the countries including Russia are geared up to predominate AI, China and the US are already cutting each other’s throat by becoming the world’s biggest rivals in artificial intelligence, whether it’s Luke vs Darth Vader, Alien vs Predator, Rocky vs Ivan Drago.

Now this AI war has raised some serious speculations of which we’ve listed out  10 predictions on artificial intelligence in next 20 years and it’s going to affect industries and humans on the whole.

Let’s now focus on the near future, say what will be AI in the next 5 years?

artificial intelligence revolution

Image source: youtube.com

Forecast #1 Enhanced speech, voice & image recognition will be certainly attained just as in the 2002 movie, Minority Report. Such advanced features will certainly alter the way we’re now interacting with our devices.

Forecast #2 PAs will be replaced by conversationally-driven AI assistants. Advanced context-oriented visual interfaces will take over, thereby amplifying in-depth interactions.

Forecast #3 – More & more devices will run individually. Imagine a live virtual voice on the other side when you call a support line. And imagine airplanes being flown by machines and not by pilots.

Forecast #4 – AI will be commonplace in the industry. Right from the top players to the startups, enterprises will be using more of AI than any other platform in the near future. Here are the statistics for number of startup companies working in the artificial intelligence (AI) sector worldwide –

AI will continue to be rigorously adopted by companies worldwide with each passing year, thereby enabling them to extract information from all the possible data source that is being generated.

Forecast #5 – AI is going to revolutionize the medical world. There will be several breakthroughs in the drug discovery in the coming 5 years, thus simplifying human lives. Artificial intelligence will lead to cutting-edge methods right from disease prediction, diagnosis, and treatment to making cleaner and more efficient chemical engineering systems.

Now let’s have a look at the bigger picture…

Artificial Intelligence in next 20 years

artificial intelligence in education

Image source: techfinancials.co.zas

Forecast 6 – AI-induced education system will define the future of academics and students. AI will grow beyond what we know today just as Dr. Will Caster, the role played by Johnny Depp in the 2014 movie, Transcendence. AI will play the role of a curator, it will analyze the content, generate and also amplify the content in the first place.

Forecast #7 – Improved personal hypothesis systems will create an entirely new artificial life form. AI will revolutionize the design, curation, and improvement of the already existing AI-induced algorithms. AI will alter the following fields –

Forecast #8 – Intelligent Internet of Things will be more prominent. Internet will inject into all the possible aspects of human life and all sorts of industries including cloud computing and Big Data/Analytics. The intelligent IoT will alter the entire Internet practice as a whole. A new artificial intelligence ecosystem will definitely proliferate in the next 20 years targeting everything from healthcare, transportation, and telecom to public safety and banking.

Forecast #9 – Quantum computing extensions will be commonplace in future. Breakthroughs in AI distribution across multiple machines will recast the data transaction procedure. In the next 20 years, algorithms will run in parallel efficiently over thousands of Graphical Processing Units (GPUs) on each computer.

Forecast #10 – Artificial intelligence will be vulnerable. AI will also be used for purposes, say by the military of various nations against each other. It’s now a major concern whether AI will save or end the humanity that time will only tell…

artificial intelligence revolution

Image source: futuristgerd.com

And while the tug war continues among US, China & Russia, it’s pretty obvious that the artificial intelligence will change the world at breakneck speed. And as we write, already history is in the making in various sectors across industries through AI and IoT.

Happy Reading!

 

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