There's no way of avoiding the fact that Artificial Intelligence (AI) usage is more common by each day. What is even more impressive is that we're witnessing it, sometimes even without realizing it. Whether you're asking Siri for a weather update or using the navigation in your car, you are interacting with AI.
However, using Alexa or searching Netflix recommendations is just a fraction of what AI offers to its users. The first taste of AI that most people remember is the creation of Deep Blue (a chess engine) that ended up beating Garry Kasparov in a chess match. That was the example of "Reactive Machines," the most basic AI, generating predictive outcomes based on inputs only.
In today’s world, people are using AI to achieve a plethora of different things. Because of scope and diversity, AI as a topic has many interesting facts You might have not known.
Here's the top 8 we've set aside for you:
1. Most of the AI Robots are FEMALE
Have you ever wondered why Siri, Alexa, Cortana, Google assistant are all females? We can recognize the fact that they all have a friendly female voice. That might be due to people finding female voices warmer and more likely to experience emotions. They are higher pitch, so people understand it better. Of course, those might be "practical" reasons, but we are far away from that starting point. We should clarify that many virtual assistants have the option for male counterparts as well.
2. A lot of Financial Firms Have Their Own AI Algorithm to Predict Market Changes
It's not a big surprise that due to AI's coming of age, financial firms find ways to create algorithms that will benefit their end. Firms employ intelligent search and language algorithms that learn from past failures and successes to make relevant processes more efficient. They are creating models for how the markets will move by testing out those models on real data and refining them as they go. Some of them are hedge funds using AI systems to develop proprietary quantitative trading and investment strategies. Pattern recognition and prediction are a big part of the equation. AI helped accelerate the development of many strategies and is now one of the staple pieces of how trading systems are built.
3. New AI Algorithms can Detect an Outbreak of Serious Viruses.
Software developers are working on creating more and more algorithms that can detect the danger of virus outbreaks. In 2014, an algorithm spotted the Ebola outbreak even before World Health Organization (WHO) announced it. The tool's algorithm filters through social media sites, news reports, medical workers' social accounts, and government websites to track cases and put them on a map. Developing more algorithms like this could save lives without causing many casualties in the future.
4. AI is the future of cybersecurity.
More organizations are turning to use AI to level up their defenses against cyberattacks. Since the world is emerging with technology, it is crucial to control malicious practices designed to trick the software and use it for unwanted ends. Based on Capgemini reports, developers are using malware and fraud detection and user/behavioral analysis for improving cybersecurity. Companies are finding it necessary to boost their cybersecurity through AI services. It makes a strong business case as it enhances the precision and the performance of cybersecurity.
5. United States is the world's AI leader.
As one of the countries with the most prominent AI companies, the United States is currently holding the crown for AI-research-related output, having accumulated the highest number of publications over the past two decades. However, it is hard to keep up since there is a constant race between Europe, China, and the United States for publications and patents related to AI. As mentioned, Artificial Intelligence has exponential possibilities, making it a very competitive market where these three continents are constantly growing.
6. AI Market Size is Valued at More Than $39.9 Billion!
Artificial Intelligence is truly a technological marvel and its adoption is one of the key factors driving the value of this market. AI brought essential technology to companies and organizations worldwide, so it may not seem surprising that the market value is as high as $39.9 billion. It is expected to grow at a compound annual growth rate of 42.2% by 2027 ($733.7 billion). Tech companies such as Amazon, Facebook, and Microsoft are investing in Artificial Intelligence research and development to make it more accessible for enterprise use-cases.
7. AI is taking over jobs.
While it is a good thing that AI helps cut business costs, some believe that it is creating serious problems. The automotive and telecom industries worldwide are predicted to undergo the most significant workforce cuts by 2023 due to the adoption of artificial intelligence technologies. They developed even more in the past year due to the pandemic. Businesses closed call centers employing human customer-service agents and turned to chatbots created by technology firms. Just look at Amazon Fresh stores. It shows just how much AI has developed over the years and how it will continue to grow as it creates a potential threat to customer service jobs. It is becoming a new normal, and the past year just accelerated what was going to happen anyway.
8. AI is changing the Gaming industry
Gaming has been an essential key for developing AI. AI's contribution to the gaming industry is not a recent innovation. From software that could control Pac-Man's ghost or when chess got the opportunity to be played by a single player, handing the control over to the Artificial Intelligence software radically shifted the way we think about the very nature of games. Investors have realized that the gaming industry is blending with reality. It has progressed even beyond the gaming experience - such as self-driving cars, computer vision. Gaming and AI go nicely hand in hand where they create an ultimate symbiotic bond. AI's contribution is making games better, and game theory is building upon that, to make an ultimate immersive experience.
We are at the beginning of a golden age of Artificial Intelligence. This particular article could look completely different 10 years from now. One thing is for sure. AI is going to be one of the major disruptors to the world we know. It is up to all of us to shape a world where both can symbiotically co-exist.