Each week on a Wednesday Nikolas Badminton, Futurist highlights the top stories from the past week relating to the incredible rise of artificial intelligence and its application in society, the workplace, in cities, and in our lives.
In Artificial Intelligence Bulletin – Hot Technologies and Solving Problems we see the top-10 hot AI technologies, 5 major hurdles, Canada establishing a strong foothold, and how Facebook leverages AI.
Top 10 Hot Artificial Intelligence (AI) Technologies
The market for artificial intelligence (AI) technologies is flourishing. Beyond the hype and the heightened media attention, the numerous startups and the internet giants racing to acquire them, there is a significant increase in investment and adoption by enterprises. A Narrative Science survey found last year that 38% of enterprises are already using AI, growing to 62% by 2018. Forrester Research predicted a greater than 300% increase in investment in artificial intelligence in 2017 compared with 2016. IDC estimated that the AI market will grow from $8 billion in 2016 to more than $47 billion in 2020.
Coined in 1955 to describe a new computer science sub-discipline, “Artificial Intelligence” today includes a variety of technologies and tools, some time-tested, others relatively new. To help make sense of what’s hot and what’s not, Forrester just published a TechRadar report on Artificial Intelligence (for application development professionals), a detailed analysis of 13 technologies enterprises should consider adopting to support human decision-making.
Read more at Forbes
5 Major Artificial Intelligence Hurdles We’re on Track to Overcome by 2020
Artificial intelligence (AI) gets more advanced every year, but there are still some major limitations keeping us from seeing a futuristic reality that includes robot butlers and near-complete societal automation.
Fortunately, some of these limitations are on the verge of being overcome, and if you watch and plan carefully, you’ll be able to take advantage of those improvements for your business.
Here are some of the biggest hurdles we may overcome as early as 2020:
- Unsupervised learning
- Creativity and abstract thinking
- Public trust
- General use
Read more at Entrepreneur
Generation AI: Canada’s early start in artificial intelligence set it up to be today’s global powerhouse
Please go to the following link to read more as they restrict the copying of text from the article – read more at Financial Post (it’s worth it, it’s a great article)
How Facebook Leverages Artificial Intelligence
When Facebook suggests you “tag” a friend in a photo, it generally suggests that friend’s name. That small interaction provides a glimpse into the world of an emerging and powerful aspect of artificial intelligence (AI) in action — image recognition. With its treasure trove of words and pictures from 1.79 billion monthly active users, it is using that data, combined with recent advancements in AI, to propel this and other technological advances.
Facebook may well have the lead in facial recognition, even extending a step further into the realm of facial verification. It released a research paper in 2014 in which it reported 97.35% accuracy, which approaches human levels of recognition. So accurate, in fact, that Facebook removed the feature for European Union citizens at the EU’s request to protect privacy.
Read more at NASDAQ