IFM is just one of countless AI innovators in a field that’s hotter than ever and getting more so all the time. Here’s a good indicator: Of the 9,100 patents received by IBM inventors in 2018, 1,600 (or nearly 18 percent) were AI-related. Here’s another: Tesla founder and tech titan Elon Musk recently donated $10 million to fund ongoing research at the non-profit research company OpenAI — a mere drop in the proverbial bucket if his $1 billion co-pledge in 2015 is any indication.

The Evolution of AI

And in 2017, Russian president Vladimir Putin told school children that “Whoever becomes the leader in this sphere [AI] will become the ruler of the world.” He then tossed his head back and laughed maniacally.OK, that last thing is false. This, however, is not: After more than seven decades marked by hoopla and sporadic dormancy during a multi-wave evolutionary period that began with so-called “knowledge engineering,” progressed to model- and algorithm-based machine learning and is increasingly focused on perception, reasoning and generalization, AI has re-taken center stage as never before.

Transportation: Although it could take a decade or more to perfect them, autonomous cars will one day ferry us from place to place.Manufacturing: AI powered robots work alongside humans to perform a limited range of tasks like assembly and stacking, and predictive analysis sensors keep equipment running smoothly.Healthcare: In the comparatively AI-nascent field of healthcare, diseases are more quickly and accurately diagnosed, drug discovery is sped up and streamlined, virtual nursing assistants monitor patients and big data analysis helps to create a more personalized patient experience.

Sectors

Customer Service: Last but hardly least, Google is working on an AI assistant that can place human-like calls to make appointments at, say, your neighborhood hair salon. In addition to words, the system understands context and nuance.

Artificial intelligence is drastically important to our future because AI forms the very foundation of computer learning. Through AI, computers have the ability to harness massive amounts of data and use their learned intelligence to make optimal decisions and discoveries in fractions of the time that it would take humans. Artificial intelligence is becoming responsible for everything from medical breakthroughs in cancer research to cutting-edge climate change research.

The Future of AI: How Artificial Intelligence Will Change the World

Education: Textbooks are digitized with the help of AI, early-stage virtual tutors assist human instructors and facial analysis gauges the emotions of students to help determine who’s struggling or bored and better tailor the experience to their individual needs.Media: Journalism is harnessing AI, too, and will continue to benefit from it. Bloomberg uses Cyborg technology to help make quick sense of complex financial reports. The Associated Press employs the natural language abilities of Automated Insights to produce 3,700 earning reports stories a year — nearly 4X more than in the recent past

There’s virtually no major industry modern AI — more specifically, “narrow AI,” which performs objective functions using data-trained models and often falls into the categories of deep learning or machine learning — hasn’t already affected. That’s especially true in the past few years, as data collection and analysis has ramped up considerably thanks to robust IoT connectivity, the proliferation of connected devices and ever-speedier computer processing.Some sectors are at the start of their AI journey, others are veteran travellers. Regardless, artificial intelligence has a huge impact on us.

The Future Is NOW: AI's Impact Is Everywhere

AI is hailed as the ultimate future technology. The future of AI and how it will change every aspect of our lives is a hot topic. We spoke to several experts about an artificial intelligence future.