AI in 2018

8 ways AI will affect your life in 2018


From facial recognition devices to personalized media, AI is expected to finally start affecting people’s lives in a truly meaningful way in 2018.

Introduction

Since at least Turing’s time in 1950, intelligent computers has fascinated people. But it has taken decades for the right combination of factors to come together to move AI from concept to an increasingly ubiquitous reality. After a lot of talk in 2017, it is in 2018 that data generated because of mass use of Internet-connected devices, and algorithms that recognize patterns in this data, will lead to tangible ways in which AI affects all our lives. Some of these expected developments are:

 

  1. Smart virtual assistants – Personal assistants based on AI will become smarter and more affordable. They will learn our daily routines and handle simple, but useful, chores like ordering groceries.

  2. Multiple voice-based gadgets – The popularity of voice-based assistants will result in many devices at home across platforms. There’s exciting potential, but possible chaos expected as well.

  3. Practical use of facial recognition – Going beyond security and biometric capabilities, facial recognition will start replacing credit cards, driver’s licenses and barcodes. No need to even line up at the payment counter at a store.

  4. Basic AI terminology becoming commonplace – As AI permeates the enterprise, everyone from CEO through middle managers to frontline employees will start becoming conversant in basic terminology. This will help demystify the technology and open up possibilities.

  5. Personalized media – Forget identifying songs that you will like – new services could start creating music from scratch based on your tastes.

  6. Tailored news and market reports – Reports that don’t just recap market performance, but explain your portfolio performance, at any time, will soon be a reality. Newsrooms will also use AI in more innovative ways.

  7. Empathetic computers – Multi-part conversations, more comprehensive answers, and insightful suggestions, will be expected from new smartphones and smart speakers. This will be partly driven just by the increasing amount of time these devices spend around us.

  8. Wide use in healthcare – By end-2018, nearly half of leading healthcare systems will have adopted some form of AI within their diagnostic groups, not just in medical specialties, but even in hospital operations, solutions for population health and clinical specialties. The way patients experience healthcare globally will truly begin its transformation in 2018.


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