The Future of AI & What’s To Come
Artificial intelligence has been a major game-changer. As one of the most disruptive innovations of modern-day, AI has grown exponentially—60% over the last year. As we shift to a new normal, AI will become more integrated into our everyday personal and professional lives.
So, what can we anticipate from the future of AI? Expect to see cost-saving strategies. AI has the ability to analyze immense amounts of data in real-time. When it comes to banking data, AI has got you covered. For many of us right now, cash flow is tight as we all learn to navigate the COVID-19 pandemic. Banking apps, like Simple, help you track your spending, budget, and savings—along with real-time personalized recommendations to help you achieve your money goals.
We’ve all made multitasking an absolute necessity as we work from home. To help make our lives a little easier, many of us utilize AI assistants to help remember our to-do list, ask questions, and set timers. Do you have Amazon’s Alexa, Apple’s Siri, or Google Assistant? All of these tools are examples of AI using voice recognition and response technology. Kensho, a conversation startup, uses AI to explain more complex subjects like politics and finance. In many ways, Kensho makes it feel like you’re having a deep conversation with another person.
Check out Janelle Shane’s TED Talk about the future of AI and some of the weird quirks associated with this evolving technology.
AI’s future is enormous as it interjects into major industries like banking, medical, transportation, and manufacturing. It is revolutionizing how we go about our everyday lives. As we adopt a new normal while working from home and adjusting to a pandemic era, AI will most certainly become more ingrained in our everyday lives.
How has AI impacted your everyday life? Tweet @StarterNoise to let us know.
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Derek Rundell, is a successful business leader, operator, and serial entrepreneur. Derek has founded, managed and sold businesses in the technology, media and finance industries. He sits on several boards and serves as an advisor/investor to numerous established businesses and startups. Startups are Derek’s real passion, and in addition to building his own portfolio of technology, media and financial ventures, he invests in and mentors startups and entrepreneurs. He is passionate about sharing his knowledge and helping other businesses succeed.