Trends that are shaping the rise and development of Artificial Intelligence (AI) in 2020
Artificial Intelligence (AI) refers to the capability of a machine, computer, or a robot to learn from experience, act like humans, and interact as well as react with surroundings just like humans do. The 21st century is witnessing the rise of AI in machines and robots, in businesses, hospitals, games, entertainment, and in almost every other sector as well. The importance of AI is rising day by day and affecting and changing our lives to make things easy for us. To keep up with the dynamic world of technology, both individuals and businesses should know what is going on in there. Let’s start with the most important trends shaping AI in 2020.
Software-based machines taking over repetitive business processes
We’ve seen AI taking over production lines in manufacturing companies by automating the assembly process. However, in 2020, the AI is being used to monitor and refine business processes that require repetitive daily task to be performed by humans on computers. AI based robots are much faster than humans in performing repetitive tasks.
Emergence of digital workers in offices
Robots integrated with AI are known as digital workers that are transforming business offices in 2020 vey rapidly. Almost every employee in the organization is entitled to a digital worker i.e. robots with AI who can complete a typical office task such as typing on the go, preparing automated reports etc. Just like a low level human worker but completing the task quickly and accurately.
Improving customer experience
Businesses are constantly trying to give customers the best experience by utilizing the benefits of AI. For example, AI is taking the e-commerce experience to a new level. When a customer enters an e-commerce site he’s shown the products that might be of interest to him as per the data collected from cookies automatically. Upsell activities are getting done by AI software as per the interest of the customer to give him the best customer experience.
Increased interaction between AI and Humans
The use of AI is getting normalized in 2020 and people being exposed to AI every day both knowingly and unknowingly. When you’re searching on google your data is automatically captured, stored and analysed by AI software to give you a better experience but you may not know that until now. This normalization has facilitated increased interaction between AI and humans.
Increased cyber security
In 2020, security companies are dedicated towards utilizing AI to increase cybersecurity. As technologies are advancing and everything getting digitalized the risk of digital security breach is also increasing. However, AI comes as a blessing to increased cybersecurity. AI may make cyber security stronger than before, but still it cannot wipe out the risk of breach completely. Use of AI in detecting malware and threats is helping greatly to enrich the cyber security system. To find out the activities of ransomware and other viruses AI is using several complex algorithms so that it can use the pattern recognition in systems.
Increased personalization
Tech giants such as Amazon, Google, Ebay, and Alibaba, etc. have made it possible to give each customer a personalized experience through the use of AI. This is the result of using cookies and customer preference data collection throughout their interaction with the internet and other apps. AI collects and utilizes huge customer data to design customized experiences for each customer.
