Artificial Intelligence (AI) and machine learning have been most talked about emerging technologies in the field of computer science. AI and machine learning are making functions more smart and intuitive to mimic human cognition. The latter is concerned with an innovative machine to think, understand and act like humans. On the other hand, machine learning is related to the development of computer programs that uses data and aims for knowledge. Thus, machine learning is a subset of AI.
Many tech giants like Facebook, Google and Microsoft are making the most of this exciting time and the trend is not going to dip down anytime soon. These technologies are not only efficient for business operations but also good for overall business outcomes. Let’s look at some Artificial Intelligence (AI) and machine learning trends for 2019 for better decision-making and success.
Earlier, efforts are highly focused on supervised learning algorithms that predict future events by using the old and fresh data of users with the help of labelled instances. At present, the focus is more shifting towards other domains such as active learning, semi-supervised learning, and generative models.
AI and machine learning technologies have expanded its operation in the field of deep learning that includes high-energy physics, control systems, earthquake predictions, material sciences, etc.
AI and machine learning have the ability to detect depressive and other gestures through social media posts, users’ browsing history, users’ interests, and more. Therefore, marketers who depend on manual techniques to retrieve information are possible gains less benefit in terms of brand building and productivity.
AI and machine learning are bringing enormous opportunities for old and new industries associated with healthcare, retail, cybersecurity, transportation, financial, food and beverages, and many other sectors. Juniper Research reveals that global investment in AI will increase to $7.3 billion a year by 2022. That’s why companies are heavily spending on AI tools that will help them to stand out and serve exceptional customers’ experience.
The rapid growth in AI has increased the usage of AI-enabled tools that can help to attain powerful insights to make strategic decisions. A combination of AI and ML will definitely make incredible development in the marketing scenario and deliver strategies for better business results. Thus, the system will learn to be proactive instead of reactive.
Many tech giants believe that the future of Artificial Intelligence (AI) and machine learning is set in stone in 2019 and beyond. In the coming years, these technologies will store up more support and will help businesses to enjoy maximum benefits. So be prepared to take your business to a whole new level with AI and machine learning.
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