Top Ai Trends You Need to Lookout for in 2023

Introduction

Without many realizing it, AI has become a major practical tool within the tech landscape and its future potential is enormous. One impact is continue in is by helping countries optimize workflow and operational processes. According to Bloomberg, artificial intelligence will hit over $400 billion on a global scale by 2028. In fact, the AI market will grow at an almost 40% rate over the next five years.

Advanced Autonomous Intelligent Systems

One of the rising trends in the AI space is in advanced automated system solutions. These autonomous systems are next-gen and come with customized AI models. These AI software systems which act independently of direct human supervision continue to  make significant improvements in autonomous exploration, developing bio-powered systems, and advanced drone research. Experts believe, besides the already mainstream systems such as self-driving cars, autonomous systems will become more self-sufficient and independent in the coming years.  

Information Security (InfoSec)

Information security  involves processes and tools companies can adopt to secure their valuable information. Strong companies are always looking for innovative ways to avoid disclosure and unauthorized access to information. However, it does takes a dedicated policy setting for companies to avoid this as well as employees trying to modify, disrupt or destroy, information. InfoSec objectives work in conjunction with AI-based security programs that revolve around data confidentiality, integrity, and availability and help companies prevent or mitigate cyber-attacks and threats.

Digital Avatars

When the Avatar movie first came out in 2009, this digital art form didn’t exist. The ability to make art not just imitate life but actually transform into a lifeform was astounding and mesmerizing.  Since then AI-based digital avatars continue to gain more attention and  have visual prowess and are integral to building a viable and sustainable virtual world. One of the future AI trends is that augmented reality paired with AI will create unique digital avatar bodies that would come close to mimicking human beings just like the movie portrayed. In essence, these digital avatars will capture the like-mindedness of humans and become digital representations to assume via remote control.

NFT (non-fungible token) Art

NFT does what and what does fungible mean? Let’s start with non-fungible token: it’s a token that cannot be swapped for any equivalent value but its value can increase or decreate in the future depending on the circumstances.  Who would have ever thought artists could have a digitalized piece of artwork tokenized onto a blockchain. One concern artists had when digital art first began was the lack of control once created and the concern that they couldn’t collect royalties on pieces being utilized years later. NFT changes all of that and does more. Here’s the real kicker – NFT is a digital asset that only exists in the digital universe. No one can touch it nor own it and because it’s a blockchain it makes it very difficult to hack or scam.

AI Ethics

As AI becomes useful for a wide range of industries, experts predict a more heightened approach to Ensuring that there is a set of guidelines that advise on the design and outcomes of AI. Ethics are important as they will detect and reduce unfair biases based on race, gender, nationality, etc. while providing proper data governance and model management systems to help keep the data secure.

Even though there are few who know this the first successful AI program was writing in 1951 and was a checkers and chess-playing program. Within 10 years an improved AI game-playing program brought a version that actually learned how to play. Since then there has been a quiet but methodical group of people working to expand AI’s abilities to what we see today and beyond. AI now ties together with numerous operations in different industries – car makers, art, movie making, security, to name a few. . AI paired with ML continues to attract more investments, leading to significant breakthroughs. With advanced AI solutions, it has become easier for companies to make calculated, strategic, and logical business decisions.

“Many customers think that they don’t have a problem until there is a problem,” stated Reshma Moorthy.

“Understanding that you can leverage advanced AI solutions to combat the first step of the problem you’re facing, puts you one step closer to ensuring your organization is one step closer to being protected by the most advanced systems available,” Moorthy emphasized.