Technology

The AI advantage: who’s profiting from the rapid growth of AI

What does the growth of artificial intelligence mean for economies, companies and industries? In this infographic feature, software expert TechJury demonstrates the potential power of AI and its impact on our future

Artificial Intelligence has already had a significant impact on our lives, but the next decade is set to be transformative as AI grows more rapidly. Tech giants from IBM to Google’s DeepMind have successfully capitalised on AI as it continues to infiltrate many aspects of our lives, and this will continue as AI starts to become commonplace in the workplace. Currently, 62 per cent of top executives use AI to identify opportunities for their organisations – a percentage which is set to grow in the next five years.

From birth to breakthrough

The infographic below, created by software expert TechJury, carefully lays out the timeline of AI from its birth in 1943 to today and beyond. It identifies the two types of AI: strong and weak. Strong AI refers to a system with generalised human cognitive abilities – when presented with an unfamiliar task, it has enough intelligence to find a solution. Weak AI is a system that is designed and trained for a particular task – for example, a virtual personal assistant such as Apple’s Siri.

Artificial Intelligence is still being developed. In the future, we could be collaborating with machines that can identify emotions, predict the future and have an understanding of beliefs, desires and intentions to inform the decisions they make. Where humans are limited cognitively and physically, AI can compensate to create a hyper-alert, hyper-efficient workplace.

View the full article by TechJury here