Machines are becoming increasingly capable. As technology advances, so does the definition of artificial intelligence. So what does artificial intelligence mean today? Currently there lacks a precise, formal, definition for the study. John McCarthy, who coined the term in 1956, defined it as “the science and engineering of making intelligent machines.” But what is ever-changing is what is perceived as an “intelligent machine.” What used to be the forefront of technology, image recognition, is now every day technology.

A Better Understanding of Language
Language previously was believed to be an exclusively human realm. Recently, Facebook’s Artificial Intelligence Lab’s chatbots discovered some surprising activity. While teaching their bots to negotiate, the bots developed their own non-human language to speak to each other. Before these latest developments bots were mostly only able to hold short conversations and simple tasks. Now, language appears to be the next frontier of AI.

AI’s Future Impact on Work
One common concern about artificial intelligence is the impact on work, however, according to Forbes Magazine, artificial intelligence could increase labor productivity 40% or more by 2035. A study by Accenture forecasted that AI technology could increase economic growth from 2.6% to 4.6% over the same period of time. But critics believe that as robots are able to complete increasingly complex tasks they will take over more higher level, higher paying jobs, and negatively impact the economy as a result.

AI and Healthcare
Healthcare is one field that is experiencing rapid advancements in artificial intelligence. Alphabet, the parent company of Google, has partnered with doctors to use its artificial intelligence to detect breast cancer. The future benefits to healthcare derived from AI could include less human error, less wait time, and the ability to access those in remote locations.

Final Thoughts
Artificial technology is changing the world around us rapidly, and we are excited to see what the future holds. If your company is involved in the next advancement in Artificial Intelligence, Modern Business would love to hear from you. Contact us at modernbusiness.com.

  1. https://www.sciencedaily.com/terms/artificial_intelligence.htm
  2. https://s3.amazonaws.com/end-to-end-negotiator/end-to-end-negotiator.pdf
  3. https://www.forbes.com/sites/louiscolumbus/2017/06/22/artificial-intelligence-will-enable-38-profit-gains-by-2035/#5a5cc4b51969
  4. http://gadgets.ndtv.com/science/features/ai-health-bots-doctor-1714254