AI & IoT

Artificial Intelligence (AI) Computer systems and software that are able to perform tasks normally requiring human intelligence. Internet of Things (IoT / IIoT) - Network of physical devices embedded with electronics & software resulting in reduced human exertions in industrial and domestic applications.

The State of Artificial Intelligence by Reply – an Insight powered by SONAR

21-Jan-2019
Filippo Rizzante (pictured)
CTO, Reply
The State of Artificial Intelligence by Reply – an Insight powered by SONAR
Digital transformation specialist Reply has today released the results of its research on The State of Artificial Intelligence in the media. For the first time, it says, AI is on the verge to surpass smartphones in terms of media attention.

Please find the FULL report on attachment or please click here.

Just like the sale of smartphones themselves, the amount of media coverage for smartphones is on a gradual decline. On the other hand, the volume of reporting on AI has increased sharply, especially since the second quarter of 2017.

Does this mean AI is about to affect our lives more than smartphones in the near future?

The report identifies the new buzzwords circulating in media circles:
  1. BOOMING TRENDS: chatbots, autonomous ground vehicles, AI process automation, open source AI, AI chips and Natural Language programming. 
  2. NICHE TRENDS: encapsulating Consumer robots, industrial robots, Neuromorphic Computing (more later…), emotion AI and ethical AI 

Other findings from the Reply SONAR report include:
  • Some top trends in AI coverage include AI specific hardware which peaked with Intel and MIT both unveiling Neuromorphic chip prototypes (to help computers to learn). Surveillance continues to be a growing trend as governments attempt to build AI into surveillance cameras to detect and report on problems automatically 
  • AI-as-a-service and Hyperpersonalisation have gone through a rapid growth period; in the beginning of 2018, AI as a Service experienced a surge in media attention specifically driven by Google launching its Cloud AutoML platform 
  • The automotive market is the main driver behind Autonomous Systems growth. Growth is attributed to industry mainstays, such as BMW and Audi coupled with start-ups and huge investments coming from non-traditional automotive players, such as Softbank’s $2.25 billion investment in GM-owned autonomous vehicle start-up Cruise 
  • Conversational User Interfaces experienced significant growth driven by tech giants and the growing adoption of Smart Speakers and Digital Assistants. Media attention for CUIs peaked during 2018’s CES fair and has fallen lately. 

What does this all mean for businesses?
The impact of these findings could have huge implications for businesses. Predictive analytics can have a big impact on asset maintenance, forecasting potential disruptions and failures to equipment or the supply chain. Advances in artificial intelligence will lead to more intuitive, emotionally-guided experiences, allowing brands to connect to consumer on a much more personal level. AI Process Automation and decision-making support services will cut down on mundane tasks and free employees to be much more creative with their time. Thanks to breakthroughs in computer vision, businesses can gather better consumer insights or vast amounts of visual data.

“We are living at a time in which AI is rapidly finding its way into everyday life and the workplace; some advances happen so fast that today we can hardly imagine the things that will be possible tomorrow. The trends identified by SONAR give companies important pointers to help them navigate some already usable transformations provided by the application of algorithms on data,” says Filippo Rizzante, CTO of Reply.