This wall has seen four major revolutions that changed its entire face now the first revolution was in 1784 when the first steam engine was introduced and then in 1870 the second revolution that means electricity was invented the third one was in 1969 when the word information technology was introduced in the world and finally the fourth one is the revolution of artificial intelligence which we are experiencing right now.
The future of AI holds more inventions that will bring us closer to an unparalleled future and we will talk about the future of artificial intelligence and what its gonna unfold now before we begin this session let's have a look at today's agenda so first, we will see how artificial intelligence has evolved since the beginning so we'll talk about the evolution of AI and then we will move on and talk about the beginning of the AI revolution and from where it all began and then moving on to the next topic we will talk about all the reasons AI inventions and finally we will discuss about the future of artificial intelligence and what More is going to come up.
Evolution of AI (Artificial Intelligence)
A new paradigm called the intelligent agents became widely accepted during the 1990s now it is a system that perceives its environment and takes actions that maximize its chance of success now in the first decades of the 21st-century access to large amounts of data faster computers and advanced machine learning techniques was successfully applied to many problems throughout the economy and by 2016 the market for AI-related products hardware and software reached more than eight billion dollars not just that the New York Times reported that interest in AI had reached a turmoil and the worldwide spending on AI systems estimated to reach around thirty-five point eight billion dollars in 2019 and increase of 44% over 2018 and to more than double to seventy-nine point two billion dollars in 2022 so the growth and evolution of AI is definitely a continuous process and it's enormous.
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Beginning of the AI (Artificial Intelligence) revolution
Beginning of the AI revolution was from the 1950s from then many scientists programmers logicians and theorists started in solid defying the modern understanding of artificial intelligence as a whole with each new decade there were new innovations and findings that changed people's fundamental knowledge of the field of artificial intelligence also it showed how historical advancements have catapulted AI from being an unattainable fantasy to a tangible reality for current and future generations now some of the important advancements throughout the history of AI torchin on the father of information theory published programming a computer for playing chess which was the first article to discuss the development of a chess-playing computer game not just at unimate an industrial robot was also invented by George Devol in the 1950s now talking about the 1960s in 1965 Joseph a computer scientist
and professor developed ALISA an interactive computer program that could functionally converse in English with a person it blurted out canned lines for certain keywords using programmed scripts the next phase was the 1970s now this phase witnessed the advancements particularly focusing on robots and automatons now the web bought one the first anthropomorphic robot was built in Japan at Waseda University now its features included moveable limbs ability to see and the ability to converse now in 1980 is the growth of artificial intelligence continued and web bot 2 was built at Waseda University this inception of the web BOTS allowed the humanoid to communicate with people as well as read musical scores and play music on an electronic organ then came the 1990s now in 1995 computer scientist Richard Wallace developed the chat BOTS Ellis inspired by Eliza also deep-blue a chess-playing computer was developed by IBM in 1997 now in 2000 professor Cynthia developed kismet a robot that could recognize and simulate emotions with its face it was structured like a human face with eyes lips eyelids and eyebrows not just that in 2009 secretly developed a driverless car and by 2014 it passed Nevada self-driving test as well.
Recent AI (Artificial Intelligence) Inventions
she's the first robot citizen with her ability to see make facial expressions and communicate through AI. Sofia has more human-like features when compared to the other humanoids and finally, in 2018 we will develop bought the first bi-directional unsupervised language representation that can be used on a variety of natural language tasks using transfer learning and also Samsung introduced Bigsby of virtual assistant its functions include voice where the user can speak to and ask questions recommendations and suggestions now artificial intelligence advancements are occurring at an unprecedented rate thus we can expect that the trends from the past decade will continue swinging upward in the coming years.
Future of AI (Artificial Intelligence)
Future of AI and find out how it continues to act as a technological innovator now in the last 10 years artificial intelligence has changed the world in subtle but sweeping waves poised recognition on every smartphone was a simple proof-of-concept over the next 10 years artificial intelligence will make more progress than in the 50 before it combined with countless quickly oncoming applications to business government and personal life its influence will soon touch absolutely every aspect of our lives so talking about the first one it's the medical diagnosis now complementing a doctor's human intuition with the precision and completeness of AI could be one of the greatest revolutions in healthcare.
The simple fact is that the human race has produced an excess understanding of human health than any one human brain can usefully contain thus AI can start to outperform even the best human doctors then we have the financial services sector now it is fun to watch the bankers get automated into unemployment but the real win is when the AI takes over right now the financial services sector has a lot to do with why the rich get richer they can afford to hire better financial help to manage the money they have with AI especially open-source FinTech solutions it could be possible to change personal finance to put it on a much more even playing field.
Then we have the translation and linguistics now to an extent real-time machine translation already exists from major tech companies like pipe and Microsoft but other research bodies like Google and even DARPA are looking to take the idea ahead currently machines can only try to translate about hundred of the world's more than 7,000 languages whether it's the military or international corporations are just regular old academia someone is going to use AI to push real-time translation forward so that we can communicate better then we also have these sports training now AI might design the perfect defensive formation but the human players enacting that plan have to have the necessary skills here modern machine learning algorithms can help partly is just a matter of collecting data in wider contexts through smart golf clubs and basketballs and baseball bats also AI could provide more active feedback by watching your swing to offer corrections not just that AI could also change the world of paying for anything now this technology can save an incredible amount of time advanced AI face recognition algorithms will soon be quick enough and cheap enough to support millions of transactions per day but machine learning can teach a computer to recognize more than faces for example Wells Fargo and others plan to secure some financial transactions with equally advanced biometric analysis of a user's voice not just that artificial intelligence is also going to change your experience of shopping Amazon is already working to make physical shopping even less hassle than online this is only possible with the help of artificial technology online shopping algorithms are a dime a dozen these days but one fascinating project from Pinterest would expand the idea to the physical wall the prediction will also play a bigger role than ever as the companies use AI to suggest the perfect product to shop us and to make sure that the product is stocked up back at the warehouse the next interesting thing is that photographs can't become purchases so have you ever clicked the picture of a product so that you can look for something similar in these stores Amazon the giant ecommerce platform has already incorporated a visual search option on its mobile application so all you need to do is just take a photo of the item you want and it will show you something very similar or identical and you can buy it right away with just a photograph now is that running a business is also going to be simpler with AI in the coming decades the world's best CEOs might just be robots if management is the process of noticing and properly assigning talent then an AI might well be better able to do that now there is another theory that AI might make people so capable of organizing on their own that managers will become less important and one can run their business just with the technology. AI is also entering the political field so it can also be used in political analysis now the advantage of AI lies in its ability to predict the future beyond political victories and losses the larger implications of a I lie in decision and policy making now with the rise of AI startups and increased dialogue around policymaking the arrival of AI politicians is not a big surprise while constitutions and laws across the world prohibit nonhumans from contesting elections there is a severe dearth of laws defining the moral and ethical implications of the usage of AI in the political and public space and finally we have sports strategizing now considering the nearly and finite variability of human behavior and ingenuity on the field and drink it seems that artificial intelligence could soon design all new strategies for even the world's best-studied sports. The beautiful game has been successfully broken down and understood in its basic principles by a machine learning algorithm and according to the inventor of that algorithm it should apply quite well to other sports like basketball and hockey now these were just a few or of the many sectors which will be taken over by artificial intelligence in the coming years.