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The rise of artificial intelligence in the digital world is making decisions that impact our lives

Without a question, AI is still in its infancy, but it has reached a critical mass where both study and application may take place at the same time. We can categorically state that we have shifted gears. Whether we want it or not, AI is already making decisions that impact our lives, and it has made enormous progress in recent years.

While it is tempting to believe that AI has permeated practically every vertical or market, this is not the case. There are just a few technical hotspots in a few select areas where AI is gaining traction.

However, marketing techniques are at work to make everyone believe that AI has covered all, whereas, in reality, numerous areas remain unexplored.

Many image-recognition technologies are increasingly more capable of detecting malignancy or micro-fractures in MRI or X-ray data from patients. Many pattern-recognition systems can connect multiple pathology reports and generate a near-perfect prediction of the patients condition. Despite this, making medical advice without a doctors specific clearance is not usual.

This is great because, when human life is on the line, systems should never make the final decision. As a result, AI may only achieve the position of aided intelligence in the medical area, and it may not be authorized to become a mainstream phenomenon at all.

Human touch is getting more expensive as corporations continue to remove individuals from customer support and replace them with chatbots or AI-driven automated replies. One startups key difference during an event where companies pitched their company or product was that they offer personal help for any queries. In regards of AI- and non-AI-based solutions, were seeing an interesting trend.

Another field where AI is making inroads is self-learning solutions. It is gaining popularity due to its use of personalised learning, pace, and suggestions. However, as a result of this, teaching, coaching, and guiding will quickly become a high-touch service that will continue to be in great demand. As a result, its difficult to say if AI has actually impacted this industry or has simply mutated it into something new.

Performing arts and culture are another sector where AI has yet to influence and may not have an impact. These are such individualised and creative endeavours that they would be meaningless without the presence of a human. There have been a few AI-created art endeavours, but such art forms have a distinct flavour to them.

When it comes to end-users of AI technology, the majority are filled with fear, uncertainty, and doubt. The technologys inherent duality is a major source of concern. AI is a powerful tool, and people can use it for good or evil, just like any other tool. Furthermore, because no one has yet openly discussed how to deal with possible AI misuse, this has remained an increasing concern.

Another reason for AI scepticism is a plausible worry of job loss. It would be unquestionably hazardous and chaotic if large numbers of people lost their employment without an alternative mechanism in place.

However, if you think about it carefully, youll see that many people arent concerned about losing their jobs. When peoples regular jobs are disturbed, their biggest concern is that they will have nothing to do.

Regrettably, the bulk of AI implementation projects fails to address this issue from the start. It is done as an addition instead. It is possibly the most compelling reason for AI scepticism.

The rising trend in technical innovation has always been present. Apart from savings, AI and other developing technologies are also introducing new possibilities. New businesses and opportunities are being created as a result of these possibilities. As time goes on, this will continue to be the case.

Due to the amount of data, most daily jobs that rely on best estimates or guessing would witness a substantial shift. As more data becomes available, the demand for devices that can process it on the edge will grow, and this will be a crucial driver in continuing this trend.

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Excerpt from:
The Rise of Artificial Intelligence in 2022: Where is the World Headed? - Analytics Insight