What is Artificial Intelligence?
A machine which can perform tasks that require human intelligence is known as artificial intelligence. If you see in today’s time, there are huge changes in the technology. From chess playing to self-driving cars everything is because of artificial intelligence. Artificial intelligence is heavily depends on deep learning and natural language processing. So, here we will be talking about Top 5 artificial intelligence (AI) trends in 2021.
Although, technology has developed drastically from last few generations, but still we find some challenges. But, during Covid-19 pandemic we realized the real value of artificial intelligence and its features. There will be no doubt to say that AI remains a key trend when it comes to technology and innovations that will fundamentally change how we live, work, and play in the near future.
Most of the people don’t have idea that the devices uses by us have 77% of AI built in them. AI is the only reason of modern technological comforts that are now part of our day-to-day lives, from a variety of smart gadgets to Netflix recommendations to products like Amazon’s Alexa and Google Home, says a study.
In 2019, the global AI market size was estimated at $39.9 billion and a compound annual growth rate (CAGR) of up to 42.2 percent is expected from 2020 to 2027. With continuous research, technology has made massive developments in major fields such as healthcare, retail, automotive, manufacturing, and finance. AI is one essential component that promises to completely transform the digital age with high precision and accuracy.
From last few years, as we seeing tremendous growth due to artificial intelligence, this year will also continue to serve us in the same way. Here, we look ahead to the near future of artificial intelligence. What are the most likely Top 5 artificial intelligence (AI) trends in 2021?
Hyperautomation, the most important expectation from artificial intelligence (AI) trends in 2021 is the application of advanced technologies like RPA, Artificial Intelligence, machine learning and Process Mining to augment workers and automate processes in ways that are significantly more impactful that traditional automation capabilities. This year will see more growth in it.
Conversational AI allows artificial intelligence (AI) technologies like chatbots to interact with people in a humanlike way. For reaching customer exeperience’s need, responsiveness, and personalization, chatbots have become basic need for this generation. According to Forrester, conversational AI solutions transform into better automation of customer service. To better understand what the human says and needs, an AI-powered chatbot uses natural language processing (NLP) and machine learning to provide a more natural, near-human-level interaction.
AI enabled Chip
Chip with AI facility can be the most important artificial intelligence trends in 2021. This chip will allow smartphone networks to coordinate as they work. This kind of application is the need of the today’s society. About Apple’s Siri we all have heard and like them several smartphone manufacturers have already come up with duplicated technologies, in terms of ‘generic virtual assistants. For these voice assistants, the Artificial Intelligence processing may now be done in offboard platforms like cloud. In future, the technologies will grow more sophisticated, that will ensure lower latency and higher accuracy.
AI for Cybersecurity
For the upcoming time, we all have to be worried about the data and out security. Because, as the knowledge will grow, the data will come at a biggest risk of hacking and phishing attacks. In upcoming time, AI is going to prevent us from cybercrimes with improved cybersecurity measures. Fake digital activity or transactions that match criminal trends will be detected by the AI-enabled framework.
AI for Healthcare
There is no doubt that AI is helping healthcare sector for making our treatment more comfortable. Infact, during COVID situation, it helped to identify patients and critical hot points. Our researchers have made thermal cameras and mobile applications to monitor individual temperatures and to collect data for healthcare organizations. By leveraging data analysis and predicting various outcomes, AI can support healthcare facilities in several unique ways. AI and ML instruments offer insights into human health and also recommend preventive steps to avoid the spread of diseases. AI solutions also help doctors remotely track the health of their patients, thereby advancing teleconsultation and remote care.
AI plays a huge role in our life and we are waiting to see how these techniques are going to provide what we have enlisted above in Top 5 artificial intelligence (AI) trends in 2021. AI’s spectrum is broad and varies from one organization to another. Organizations need to stay up-to-date with emerging trends and find ways to leverage AI-powered solutions to scale new heights. Drop us a line to know how we can help your business with AI, machine learning, and annotation services.