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13 major Artificial Intelligence trends to watch for in 2018 Posted on : Feb 20 - 2018

Artificial Intelligence (AI) has the peculiar ability to simultaneously amaze, enthrall, leave us gasping and intimidate. The possibilities of AI are innumerable and they easily surpass our most artistically fecund imaginations. What all we read in science fiction novels or saw in movies like ‘The Matrix’ could someday materialize into reality. Bill Gates, the founder of Microsoft, recently said that ‘AI can be our friend’ and is good for the society. From decision-making to computing to robotics to vehicles and even cosmetics, AI has left its mark everywhere and it will usher in the grandest social engineering experiment in the history of the world.

CBInsights has prepared a list of the major AI trends to follow in 2018. Let’s have a look at the 13 trends In AI that will have a huge impact in years to come.

It is no more a closely guarded secret that in the future much of the labor-intensive work in assembly lines of factories would be done by AI programmed robots and not workers. This would bring down the cost of hiring workers and also reduce outsourcing and offshoring.

Recently, a Chinese T-shirt manufacturer Tianyuan Garments Company signed a Memorandum of Understanding (MoU) with the Arkansas government to employ 400 workers at $14/hr at its new garment factory in Arkansas. Operations were scheduled to begin by the end of 2017. Tianyuan’s factory in Little Rock, Arkansas, will use sewing robots developed by Georgia-based startup SoftWear Automation to manufacture apparel.

In Japan, by 2025, more than 80% of elderly care would be done by robots, not caregivers.

Ubiquitous Artificial Intelligence

Artificial Intelligence impacts multiple fields, even those that we least expect it to. Machine learning, a crucial component of AI, refers to the training of algorithms on large data sets so that they learn how to identify desired patterns better at their tasks.

The functioning of AI is getting more versatile with each passing day.

UK’s IntelligentX wants to introduce the world’s first AI brewed beer; DeepFish in Russia is using neural networks to identify fish, and Sweden’s Hoofstep is raising VC money to bring deep learning-based behavioral analysis to horses. View More