THE WORLD OF ARTIFICIAL

INTELLIGENCE

What is Artificial Intelligence (AI)?

“The Science & Engineering of making Intelligent Machines”-John McCarthy

AI Transformation

■ AI has evolved over time and will

continue to grow.

– First reference to AI was made in

1956

– Gradually Machine Learning grew

which uses probability to make

decisions or predictions about data

– Virtual assistants emerged on our

smartphones in 2011

– By 2018, 45% of the fastest growing

companies will have deep learning

implemented

Pros & Cons Of AI

Pros Cons■ Error Reduction

■ Difficult Exploration

■ Daily Application

■ Digital Assistants

■ Repetitive Jobs

■ Medical Applications

■ No Breaks

■ High Cost

■ No Replicating Humans

■ No Improvement with Experience

■ No Original Creativity

■ Unemployment

Industry Statistics

AI is yet in its early stages of adoption by most Organizations.

Industry Statistics

■ 2017 has an

investment growth in

AI by 300%

■ Automotive Industry

is investing

maximum in AI

Revenue Through AI - Top 10 Markets

Recent Wins

Recent Wins in AI - Amazon

■ Amazon is stepping up in AI Race

■ Alexa has a new AI push with newly

added translations

■ Amazon Web Services (AWS) has

now added Amazon SageMaker

– Enables developers to build,

train, & deploy machine

learning models quickly

■ Amazon AI has got some novel Deep

Learning Services, such as Polly,

Recognition & Lex

Recent Wins in AI - Google

■ In 2017, Google

announced they were

going ‘AI-First’

■ Google can now use

your camera as an

input device

Google Assistant now

features the best voice

recognition in the market.

And, unique among the

entries in this field, it can

recognize individual voices.

Recent Wins in AI - Facebook

■ Building foundational technologies including AI

■ Launched FAIR – Facebook AI Research

■ Facebook researchers presented paper on

Brining Portraits to Life

■ Facebook’s AI backbone consists of three new

products:

– FblearnerFlow - Makes AI available to everyone

– AutoML - Allows optimization of new AI models

– Lumos - Harnesses the power of computer vision

without the need for prior expertise

Recent Wins in AI - IBM

■ IBM & MIT partners

on $240M Watson AI

Lab to study AI &

build new tools

■ Watson AI is leading

the way to extract

more value from your

data

■ Forrester ranks IBM

#1 in the security

analytics platform

8 Trends In The World Of AI

Trend 1Larger Companies are set to Win

■ Amazon, Google, Facebook, and IBM

are set to lead the way in AI.

– Amazon's Echo leads the voice-activated

assistant market by a margin of over 70%

– Size of Google Earth database is

estimated as 3,017 TB

– A team of over 1,300 researchers at

Google

– FAIR has about 80 researchers &

engineers

– Facebook processes 2.5B pieces of

content and 500+ terabytes of data daily

– IBM is investing $1B in the Watson Group

Trend 2Consolidation of Algorithms & Technology will happen

■ Tier2 companies are investing in AI.

■ Data trading between industry players & technology will be consolidated.

■ Google acquired Deep mind, a company that builds general-purpose learning

algorithms.

■ Facebook, acquired Wit.ai to help with speech recognition and voice interfaces.

Trend 3 Crowd Sourcing of Data will be HUGE

■ AI companies will go after huge data sets to execute their ambition towards AI.

■ They ill start to crowdsource large volumes of data.

■ They have found ways to assess crowdsourced data for quality & authenticity.

■ Google gets a lot of images through crowdsourcing to build their imaging algorithms.

■ Amazon uses crowdsourcing AI to improve Alexa's current skills.

Trend 4 M&A and more M&A

■ More mergers and

acquisitions are

happening.

■ Companies compete for

intellectual capital and

talent to acquire the AI

Industry.

Trend 5 Democratization of Tools to Gain Market Share

■ Companies will start to open source their algorithms to gain market share.

■ Market-based access to data entry barriers will decrease.

■ New applications of AI will increase.

■ Companies will access data for launching sophisticated AI algorithms.

■ Amazon, Facebook and IBM Have systems available for people to explore the world

of AI.

Trend 6Human/Machine Interactions will Improve

■ Siri and Alexa are the most popular Human-Machine interaction tools.

■ Machines have been programmed for speech analytics and facial recognition

■ Machines will be able to recognize your mood, based on the tone of your voice.

■ Human-machine interactions in the fields of agriculture and medicine, will be prevalent in 2018.

■ Manufacturing automation will improve due to

– Labor cost savings

– Sophisticated technology like Automation, Robotics, Advanced manufacturing.

Trend 7AI will start to impact all verticals slowly

■ Manufacturing,

customer service,

finance, healthcare, and

transportation have

already been impacted

by AI.

Trend 8Security, Privacy, Ethics and Moral Issues in AI

■ Everything under AI are vulnerable to emerging security and privacy problems.

■ Ethics & moral issues concern on how AI can harm or benefit humans.

■ Concerns arise about robots replacing humans in various fields like Nursing, police &

autonomous weapons.

■ Concerns with security and privacy will be dealt in 2018

■ New developments will be made in 2018

Elon Musk -“Regulate AI to combat 'existential threat' before it's too late”

AI Predictions in 2018!!

Silicon Valley won’t be the only place for innovation. Several countries are placing big bets on AI.

Expect companies to invest in Self-Driving Car research and assisted driving in new car models.

In 2018, the implementation of “Smart Automation” will deliver the most immediate results to organizations.

Businesses in 2018 will be able to query big chunks of data in milliseconds.

Advancements in analytics and AI will play a major role in Healthcare this coming year.

Mobile ad tech is a data-driven industry and the perfect platform for AI & machine learning to make an impact.

2018 will get Blended AI - Though interest in AI & Chatbots is increasing, human interaction will never go away.

Key Takeaways

Key Takeaways

■ AI as we know it today is still in its infancy.

■ There aren't many players in the AI industry, so fragmentation will not be present.

■ Unstructured data and algorithms to process them will become available.

■ The LIFE of AI has just started…and it has a longer way to go..

“WITH AI

ESPECIALLY, I AM

REALLY OPTIMISTIC”-

Mark Zuckerberg, founder and CEO of Facebook

“Artificial Intelligence is still in its infancy. The LIFE of AI has just started and I am excited at the possibilities of AI making a huge impact on our world. AI has a long way to go, and I don't see it peaking in my lifetime.” –

Asokan Ashok, CEO - UnfoldLabs Inc.www.unfoldlabs.com, ashok@unfoldlabs.com

Questions ??