Instructor: David Schuff, Section 003

Artificial Intelligence: A Growing Disruption

Intelligence photoArtificial (AI) is becoming the new “it” thing to invest in among technologies, and it has caused several disruptions to the technology industry. AI is a human-like computer tool that enables them to run large sets of data and self-learn different algorithms. They can also help companies make decisions in quicker time with higher levels of confidence. AI has become so popular of the past couple years due to a few reasons. All algorithms live in cloud based environments, something all companies have been switching over to. The cost of data has decreased 38% over the past few years, allowing companies to buy more and collect more data. The final reason why AI has become so popular is because investors are throwing billions of dollars in startup companies that focus on AI. All of this has started to see some true disruptions to the technology industry. We have seen AI implemented in sustainable updates, like YouTube and Netflix, to help give us more personalized recommendations. Both companies have reported an increase in viewer watch times. Perhaps the most prominent area we have seen AI take place is in a completely new market. AI has led to the creation of digital assistants like Siri, Alexa and Google which in turn have created products like Echo and Google Home. There is money behind these new speakers too, Amazon, creator of echo, currently holds around a 70% market share in what is soon to be a $25 billion market. AI isn’t going to stop at software updates and digital assistants it is starting to take over the marketing and health industries as well. What do you think is next for AI? Do you think AI is here to stay or just waiting to be phased out by the next innovation? Where would you like to see AI go in the next few years?

 

Sources

A new era: Artificial intelligence is now the biggest tech disrupter

Slate.com

One Response to Artificial Intelligence: A Growing Disruption

  • Good explanation Dante. I don’t think AI is going anywhere. While currently, we don’t have true AI’s, its early predecessors are in development by companies like Google, Microsoft, and IBM. A true AI should be able to think on its own or have its own conscience. So far, our examples of IBM Watson are just a hunk of algorithms and decision trees, while a future AI will include those as well, there will be a unique capability for AI to have a mind of its own. According to Gartner, AI is not going anywhere just yet, but its true realization will take time to come in. In the next 5-10 years, we should start to see some capabilities of AI and see a fully functional one by 2035 in my opinion. I think the next few years for AI will be all about analytics trying to sort through all this data that keeps growing.

Leave a Reply

Your email address will not be published. Required fields are marked *

Where and when do we meet?
Alter Hall 603
12:30-1:50 Tuesdays and Thursdays
Office Hours
Tuesdays and Thursdays, 2:00-3:00 PM