The Future of AI: What You need to know and What You will Find

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For companies that have invested in artificial intelligence, the future will be filled with innovation and growth. As AI continues to improve our ability to learn, analyze, and make informed choices, the world of work will change. However, these changes will not be limited to the fields of computing or information technology. Instead, these changes are likely to affect every sector and industry in which we operate. In this blog post, we’ll discuss five important takeaways from this past week’s Digital Transformation Report from global technology and digital strategy firm Toost & Co. The report highlights three big trends set to reshape the future of work by 2021: automation; artificial general intelligence; and virtualization. These trends have their own unique implications for business opportunities in the digital age. Let’s explore each one of them in more detail.

What is artificial general intelligence?

Artificial general intelligence (AGI) is an AI technology that aims to teach machines to perform certain tasks automatically. While it has not been used in a significant way in modern computing, it is a potential path to AI-based solutions in the future.

How will AI change work in the future?

As humans age, their cognitive skills and mental ability to think increase. This cognitive ability enables us to retain facts, refine our reasoning, and make inferences. However, AI has created a new ability that enables machines to generalize – or “generalize the features of data” to employ a technical term. These features are the “judgment” and “casualty” of AI.

Automation is the Future of Work

As AI improves in various areas, it also continues to be used to make decisions. Industrial robots have been conducting maintenance and maintenance-free operations for decades. With AI and the advent of robotics and automation, we have now witnessed a dramatic shift in this industry. The most common cause of catastrophic breakdowns in industrial robots is inefficient or faulty maintenance. With AI and its neural network-based maintenance systems, robotics is expected to reach a point of “no-man” – or downtime – during which maintenance and operation are automated.

Virtual Reality and Augmented Reality (VR/AR) continue to grow

VR and AR are two emerging technologies that have a significant impact on the workplace. In VR, you will see a virtual work environment that looks like the real thing. In AR, you will see real-world objects from your workplace from all around you. Both technologies are expected to become more widespread due to their popularity in consumer devices and their ability to reach a broader audience.

The Internet of Things (IoT) continues to grow

The Internet of Things (IoT) is expected to become a significant trend in 2021. This trend is mainly due to the introduction of smart home devices and smart appliances. With the growth of the Internet of Things, it is becoming possible for companies to create an ecosystem in which every device is connected to the Internet. This enables manufacturers to build connected appliances and sensors that automate processes and reduce the need for humans. Additionally, the IoT provides an ideal platform for applications such as self-service and remote assistance.

Disruptive Technology That Impactes Business

Computer vision and artificial intelligence are two of the most impactful disruptive technologies that will be brought to the workplace in 2021. They are capable of learning and adapting to changes and providing tools to help businesses meet operational targets. Additionally, these technologies are expected to be used in new and exciting ways.

No- Obamacare AI

This trend is based on cybersecurity and privacy concerns. This is due to the introduction of flexible computing and AI-based solutions. With these technologies, organizations will be able to run applications that run on the Internet without fear of data breaches.

Summary

The digital age is a time of rapid change and technology advancement. New technologies and businesses are emerging every day. These technologies have the potential to reshape the future of work and change the way we do business. In this article, we’ll discuss five important takeaways from the Digital Transformation Report from global technology and digital strategy firm Toost & Co. Toost forecasts that the digital transformation will be characterized by three major trends. These are automation, virtualization, and new disruptive technologies.

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