Artificial Intelligence has been around for quite some time, but it has only recently started to have a major impact on business and the way we live. As the technology develops further, its role in our lives and commercial industries will only continue to grow.  With that in mind, let’s take a look at some of the AI technologies that are shaping modern business.

CNNs are changing the way we interact with technology

Convolutional Neural Networks (CNNs) have led to some of the greatest breakthroughs in the ability of machines to use natural language and to classify images with the same degree of accuracy that would be expected of a human. The development of CNN-based solutions has grown considerably in the last few years, and it is changing the way that humans interact with technology.

With advances in fields like Natural Language Processing and Computer Vision, machines gain the ability to behave in ways that are more human-like, and that leads to humans interacting with machines in a way that is more like interacting with our fellow humans. This includes talking to devices that reply in natural language with responses that are useful to the human user.

Increased Access to AI Tools

With AI taking more of a central role in business and the different services that power everyday life, tech giants like Apple, Google and Microsoft are developing new AI platforms and tools for developers. With these new toolkits, you can leverage Machine Learning as a service.

Developers won’t need to have their own Neural Networks or Machine Learning platforms to develop software that uses advanced AI. Instead, they can use the tools and resources of larger companies. Good examples of these platforms include Microsoft’s Cognitive Toolkit or TensorFlow from Google.

Narrow AI is still the technology of today

Most current applications for Artificial Intelligence focus on narrow tasks. To perform these functions, the system has to be trained or programmed achieve the required result. While this might not be as exciting as the idea of robots that think and act like humans or AI systems that can do anything without having to be trained, these narrow forms of AI are quite useful.

Narrow AI can do things like check if an email is valid, translate phrases into different languages and recommend products based on your preferences. It might require a different AI program to perform each of these functions, but it still shows how the technology shines when it is trained to perform a specialized task. This is the main reason for why many of the most common forms of AI are specialist programs: When you put AI to a specific task, it will excel.

Artificial Intelligence is just starting to have a significant impact on business, but as the technology develops, its role is going to expand. Businesses are going to use AI systems to inform more of their decisions, it is going to play an increased role in the development of products, and it is going to change the way that businesses market their products to consumers.

Prepared and edited by @EdinaZejnilovic, Journalism Student at DCU.


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