What is the Future of Artificial Intelligence?

In the following article, we will discuss the future of artificial intelligence. In today’s era, the pace of evolution is faster than ever. We see that progress in technology so rapidly nowadays, from Alexa, SIRI to autonomous vehicles, alpha zero, and Sophia. In science fiction movies, we see AI as human-like robots, but in reality, it goes far beyond that, which includes programs like alpha zero who has recently beat all humans’ at Chess and other games.

AI is an emerging field; today, it is known as weak AI (Due to limitations). But the future of artificial intelligence is about building strong AI. Right now,  only, but in the future, it is expected of AI to beat a human in all cognitive tasks. Surely it has its consequences which would be positive as well as negative.

AI is now introduced to our day-to-day lives; we use Alexa, Google home even which are quite intuitive to the instruction and provide almost accurate results. In email writing, we can see the recommendation to complete sentences. Other than our day-to-day life, in Military Action, Warfare strategies, and weapons technology. AI has enhanced Cybersecurity so much that now the security systems are able to recognize a pattern of cyber threats and strategically can create a counter-attack security tool to handle them.

AI is playing a very important role in Healthcare and Pharmaceuticals. Latest Google’s Deep mind has beaten doctors in breast
cancer detection trials. In pharmaceuticals, different combinations and outcomes can be performed in so much less time with more accuracy than ever. As we see, AI is growing in all areas of our lives. It’s quite a thing to wonder what our future would look like with this tremendous evolution of AI?

Major fields of Artificial intellegence:

AI is diversified to almost all the fields, and we would discuss the future of AI in following the major fields.

1. Health Care Industries

India is 17.7% of the worlds’ population that makes it the second-largest country in terms of China’s population. Health care facilities are not available to all individuals living in the country. It is because of the lack of good doctors, not having good infrastructure, etc. Still, there are people who couldn’t reach to doctors/ hospitals. AI has the ability to provide the facility to detect disease based on symptoms; even if you don’t go to the doctor, AI would read the data from Fitness band/medical history of an individual to analyze the pattern and suggest proper medication and even deliver it on one’s fingertips just through cell-phone.

As mentioned earlier Google’s deep mind has already beaten doctors in detecting fatal diseases like breast cancer. It’s not far away when AI will be detecting common disease as well as providing proper suggestions for medication. The consequences of this could be: no need for doctors in the long term result in JOB reduction.

2. AI in Education

The development of a country depends on the quality of education youth is getting. Right now, we can see there are lots of courses are available on AI. But in the future AI is going to transform the classical way of education. Now the world doesn’t need skilled labourers for manufacturing industries, which is mostly replaced by robots and automation. The education system could be quite effective and can be according to the individual’s personality and ability. It would give chance brighter students to shine and to imbecile a better way to cop up.

Right Education can enhance the power of individuals/nations; on the other hand, misuse of the same could lead to devastating results.

3. AI in Finance

Quantification of growth for any country is directly related to its economic and financial condition. As AI has enormous scope in almost every field, it has great potential to boost individuals’ economic health and a nation. Nowadays, the AI algorithm is being used in managing equity funds.

An AI system could take a lot number of parameters while figuring out the best way to manage funds. It would perform better than a human manager. AI-driven strategies in the field of finance are going to change the classical way of trading and investing. It could be devastating for some fund managing firms who cannot afford such facilities and could affect business on a large scale, as the decision would be quick and abrupt. The competition would be tough and on edge all the time.

4. AI in Military and Cybersecurity

AI-assisted Military technologies have built autonomous weapon systems, which won’t need humans at all hence building the safest way to enhance the security of a nation. We could see robot Military in the near future, which is as intelligent as a soldier/ commando and will be able to perform some tasks.

AI-assisted strategies would enhance mission effectiveness and will provide the safest way to execute it. The Concerning part with AI-assisted system is that how it performs algorithm is not quite explainable. The deep neural networks learn faster and continuously keep learning the main problem here would be explainable AI. It could possess devastating results when it reaches in the wrong hands or makes wrong decisions on its own.

Conclusion

Artificial Intelligence assisted systems could improve the quality of our lives to a great extent, as we have discussed in the article the wide opportunity available for Artificial intelligence-assisted systems. On the one hand, It is boon for society if used in enhancement or could be a curse if it reaches wrong hands. We have discussed the future of AI in fields of Finance, HealthCare, Education and Military applications, where it could affect both the ways either positive or negative.

NAME:A.bhavani
REG NO:21KD1A0502
CSE-A