What is Artificial Intelligence? And is it really the future?

Technology has proved to be an ever-changing aspect of the modern landscape and likely the future as we know it. But with every possible type of gadget and gizmo surfacing nowadays, it is hard to imagine what more the future of technology has in store for us.

However, Artificial Intelligence (AI) has been advancing and proved to have a lot of potential. AI has made its way into our everyday lives in forms of Siris and Alexas, as well as in more complex versions with behavioral algorithms on Amazon and Netflix and the ever-so-famous self-driving cars.

While there are several ways AI has transformed and presented itself in a rather orthodox way, our minds ponder the question – what exactly is AI, and how will it impact the world?

The aspects of AI and what its future looks like

AI doesn’t always mean flying cars and talking robots – although, maybe a bit of the latter. AI is machinery that mimics human actions and exhibits similar traits such as learning or problem-solving. So, yes, Siri is a form of AI, but its development is expected to substantially surpass completing simple tasks and answering basic questions in the coming years. In simpler terms, a way of looking at it may be through Cognilytica’s four sides of AI for the future.

AI-Enhanced organization

This aspect is pretty straightforward as it explains the inevitable impact technology will have on businesses, enterprises and organizations of all kinds. Through AI, personalization will be on another level. One on one customer to company engagement will be relevant and timely and change the game of advertising, marketing and customer service. Businesses that deliberately ignore the future and potential of AI will suffer to keep up with their industries.

Autonomous everything

The world will be filled with autonomous robots, devices and more because of AI. For example, this means that no one will own a car ever again. While self-driving cars are nothing new, AI will fill cities and autonomous cars will be able to pick you up just like a regular Uber or Lyft, but without a driver.

Enhancing the human experience

Obviously, AI will influence the way we complete habitual tasks. It will add features that will aid us in our day-to-day lives and greatly minimize our hassles and inconveniences. Cognilytica says there will be a possibility of a “universal translator” where AI assistants can break any language barriers and guide us on what to do and say in different situations.

Pervasive knowledge

Instead of merely receiving and storing knowledge, AI will be able to put that information to use. Now, weather apps are able to send us notifications of weather-related emergencies such as typhoons or hurricanes. With AI, they will be able to help us in gathering information like where to find shelter and how to handle the circumstances in these emergencies. This could be life-changing and prevent casualties by providing critical information.

What will the world be like with AI?

It’s no lie that AI would change our lives drastically. Evidently, the pros to AI are great – they make everyone’s life easier. AI is guaranteed to have less room for errors. The usual mistakes that come from “human error” would no longer be an issue with machinery. It also works around the clock, which is something people aren’t able to do.

However, the emergence of AI will naturally replace people in their jobs. Plenty of industries will rely on AI for their work, but that level of technology is yet to be fully developed. Once it is, it may result in high unemployment rates. Some argue that no matter how good the machinery, it would never be able to match up to human creativity and feeling. While there are scenarios that will always require human authenticity and cannot be replaced by machinery, the amount that could is concerning.

AI doesn’t come cheap. In reference to Cognilytica’s “AI-Enhanced Organization,” businesses that don’t incorporate AI into their work will suffer. But how will these companies keep up with the ever-changing and never-ending technology updates? AI in itself will be expensive to install, additionally the updates and equipment needed to maintain it and keep up with the standards of the growing market may result in companies declining or going bankrupt.

The world of AI seems like it will continue to revolutionize our world, and how we see and use technology. Whether it changes our planet for the better or worst – we’ll leave that up for you to decide.

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