Why Businesses Should Take Note Of The Artificial Intelligence Of Things Posted on : May 25 - 2021

If you look at the biggest technological breakthroughs of the past 100 years, what do you think of straight away? Perhaps the invention of the electronic television? Or the invention of microwaves? Or of course, the rise of computers, the internet and the smartphone?

Whatever springs to mind at the moment, in about 20 years’ time, you might want to think about adding the “artificial intelligence of things” to your list.

What Is The AIoT?

The artificial intelligence of things (AIoT) promises to be one of the most exciting technology developments we’ve ever experienced. So much so, in fact, that it’s likely to become a $3 trillion industry by 2024.

Functioning as the convergence of artificial intelligence (AI) and the internet of things (IoT), the AIoT represents a new way of delivering AI — taking it out of the data centre and embedding it directly in the devices we are surrounded by daily.

This way of delivering AI is a game-changer for almost every industry, including the smart home, healthcare, transport, manufacturing and many more. The technological possibilities are almost endless — from traffic monitoring and security within smart cities to remote patient monitoring in healthcare and true personalization in smart homes. The most exciting part is that we probably haven’t even thought of the most powerful implementations of the AIoT in our society.

How Is The AIoT Such A Powerful Tool?

The reason the AIoT has so much potential is because of how it delivers AI. It fundamentally breaks away from the traditional cloud computing structure. By embedding intelligence directly within end devices themselves, whether it’s smart speakers in the home or smart traffic cameras in a city, we change everything.

First, devices don’t share your data with anonymous tech giants, compromising your current and future privacy. Second, devices can make almost instantaneous decisions because they don’t have to suffer the latency issues associated with sending data back and forth from the cloud. Thirdly, it means that smart devices can exist anywhere — they don’t suffer from absent or varying network connectivity problems, which is only likely to get worse in the coming years as the world connects more and more devices to the cloud. View More