AI may make you think of Data in Star Trek, or the character played by Haley Joel Osment in the 2001 movie, A.I. Artificial Intelligence, but the everyday impact of AI goes much further than any science fiction movie, book or TV series could ever suggest.
By the year 2030, there is potential for AI to bring over $15 trillion to the global economy.
And every day of your life, you use or encounter some form of it. How many times have you been on Amazon and had books suggested to you, based on your reading? Or on Netflix, movies or shows recommended based on your previous viewing? Those suggestions come from algorithms that learn what you watch or read and then use them to recommend something else.
Behind those algorithms lies artificial intelligence.
When you open your email, simple AI is at work, filtering incoming mail and putting spam in another place. The algorithm learns what is likely to be spam by reading the email content and it learns based on your own preferences. But artificial intelligence goes a whole lot further than just books, movies and spam email. It has an impact on so many different areas of your life already.
Do you use Cortana? Siri? Alexa? What about Google Assistant? If you do, you use AI. Voice assistants are trained to find information, answer your questions, even control another app, all by learning from gathered information and how you make use of it.
If you have a bank account or a credit card, AI has an impact on your life. Thousands upon thousands of card and bank transactions take place every single day and the man-hours required to go through them all would be, frankly, stupid. Anomalies would take too long to find and human error dictates that some will be missed and that could result in your bank account being emptied. Banks and credit card companies use AI for this sort of work. Machines can not only process information faster, they can also see payment patterns, and alert you if any suspicious activity happens on your account.
Are you a frequent flier? Then consider the technology behind the autopilot. On average, a pilot flying a Boeing 777, for example, will actually spend just 7 minutes on manual flying. The rest of your journey is flown on autopilot — AI possibly at its absolute best. GPS and motion sensors track the flight position to keep the plane on track, and some planes are even landed on autopilot and most passengers don’t have a clue. Well, you do now.
AI Is Already Here
In many parts of your day to day life, artificial intelligence is already being used. The internet, Netflix, Amazon, email, your bank, even your flights, almost everything you do has some form of AI powering it. The biggest question is this: Are you and your business ready?