A Glimpse into the upcoming Trends of Artificial Intelligence

 A Glimpse into the upcoming Trends of Artificial Intelligence.

Based on its Ultra-advanced Capabilities, Artificial Intelligence is currently top-tiering the list of

modern technologies in the millennia. In fact, as per a recent report of the International Data

Corporation (IDC), it is predicted that around 97.9 billion dollars will be the global expenditure

on AI technologies in the year 2023. So, on what sort of AI-based applications would corporate

giants invest so much money? Keep Reading and you will definitely find out!

AI-Powered Chatbots

As a result of transposing the ordinary approach in managing customer relationships, AI-

powered Bots are becoming much popular nowadays. Basically, by utilizing Machine Learning

and Natural Language Processing to exactly understand commands, chatbots in fact, can

provide natural communication by mimicking exactly as a human agent.

Accordingly, when it comes to managing various tasks, such as answering customer queries,

Promoting Sales, etc., it seems that these bots are much more productive than employing

actual human agents. As chatbots could be programmed to fulfill the extensive demands of the

customers on a 24x7 basis, these chatbots may save millions of dollars for companies that were

previously invested in human labor.

Artificial Intelligence and Internet of Things

Even though Artificial Intelligence is an Impeccable Technology, when it is combined with the

powerful IoT, the end result we obtain is beyond compare. In fact, it is suggested that the

collaboration of these two technologies would bring unbelievable outcomes in the years to

come.

On that note, devices such as Google Nest, Smart Plugs, Smart locks etc. which works solely on

command at present, would be developed in a way that they could predict and serve the needs

of users automatically. Without requiring its user to intervene, these devises would thereby act

by basing on its own user predictions as provided by AI analytics. Well, isn’t it a luxurious way to

de-stress and relax?

Extending the application of Computer Vision Technology to Healthcare

Most of the global Population is currently reaping many benefits from Computer Vision

Technology and it is nothing new to the tech world. However, did you know that the

unprecedented era of the Covid-19 global pandemic is changing the outlook of the very

technology? Certainly, it is! CVT is looking forward to securing its presence in unconventional

industries. For example, this amazing technology is sought to be used within hospitals and

other related healthcare organizations to ensure concerns such as wearing PPE’s, masks, etc. As

computer vision technology can easily recognize the identity of health care professionals,

tracking the way they adhere to health-safety standards would not be complicated anymore.

AI for Cyber Security and Data Privacy

It is no secret that the Industry of Information technology undergoes constant changes due to

the advent of new technologies day by day. However, as a consequence of Information

technology getting developed, the pressure exerted on the industry of Cybersecurity and Data

Privacy simultaneously increases by requiring the implementation of novel strategies capable of

tackling cosmopolitan cyber-attacks.

Withal, it is predicted that many Cyber Security Firms would gladly start developing more and

more AI-based applications in the years to come. No matter whether the requirement is to

secure e-mails from phishing attacks, identify suspicious logins through user behavior modeling,

or even spotting fake digital transactions by identifying particular behaviors, these cyber

security applications powered by AI would work wonders!

So, do you think that these are the only trends of Artificial Intelligence? Not really, as there

are many more to go! Stay tuned and anticipate them to be discussed in future posts.