Emerging Artificial Intelligence and Machine Learning Trends to Watch in 2023
“There is no reason and no way that a human mind can keep up with an artificial intelligence machine by 2035.” ~Gray Scott.
AI and ML are terms that nearly everyone has heard of these days. Artificial intelligence and Machine Learning is shaping the future of humanity across nearly every industry. Both are a revolutionary fields of computer science, which is ready to become the main component of various emerging technologies like big data, robotics, and IoT.
The AI market is expanding at a CAGR of 38.1% between 2022 to 2030. By 2026, as many as 98 million people will work in the AI space. AI market size is expected to grow by at least 120% year-over-year. 84% of companies claim that AI is a top priority in their business plans.
The machine learning industry evolving very rapidly, so everyone, from machine learning engineers to startup founders, is on the lookout for the most promising trends for the future.
In this blog let's discuss some major trends for Artificial Intelligence the future:
1. Marketing Sector
AI-based marketing analyses on buying patterns and behavior. Machine learning modals helps you do these tasks. AI helps in attaining new levels of customization and targeting within the confines of context.
2. Low-code and no-code solutions
Machine Learning without programming is a trend and making AI accessible for everyone. You can gain Artificial Intelligence without a single line of code, whether your business is large or small. According to recent research, 60% of the world’s corporate data is stored in the cloud, so there will be much investment in the ML Industry in coming years.
3. Embedded machine learning
Recent advances in microprocessor architecture and algorithm design have made it possible to run sophisticated machine learning workloads on even the smallest of microcontrollers. Embedded machine learning, also known as TinyML, is the field of machine learning when applied to embedded systems such as these. TinyML is used in household appliances, smartphones, and laptops, smart home systems, and more.
AI will transform the world as companies look to win over consumers with intelligent experiences delivered in real time on smartphones, smart TVs, smart cars etc.
Does AI and ML have a future?
By 2024, AI will be better than humans at translation, will write bestselling books by 2049, and will perform surgeries by 2053.