Top 5 Artificial Intelligence Trends to Watch Out for in 2021
Artificial Intelligence (AI) has been gradually becoming a part of our daily lives, from interacting with chatbots to getting personalized recommendations on e-commerce platforms. As we enter the new year, the AI landscape is expected to change drastically. Here are the top five AI trends to watch out for in 2021.
1. AI integrated with 5G
With 5G technology becoming more accessible, it’s no surprise that it will be integrated with AI. The combination of the two will open up new possibilities for faster processing and analysis of data. This could lead to a whole new level of automation and interconnectivity, providing real-time insights and enabling instant decision-making for businesses.
Imagine a future where self-driving cars operate in real-time, dispatching themselves according to traffic density, weather conditions, and the user’s destination. It’s a possibility now that 5G and AI are working together.
2. Increased use of natural language processing (NLP)
NLP is a field of AI that enables computers to understand human language and generate text just like a human. Voice assistants like Siri and Alexa are good examples of NLP technology. As AI models become more sophisticated in understanding the nuances of human language, NLP will be used in many other applications like customer support, chatbots, and business intelligence.
3. AI and cybersecurity
AI and cybersecurity will complement each other in 2021. Machine learning algorithms can detect patterns in network traffic and recognize malicious activity, making cybersecurity defenses more effective. On the other hand, AI applications can themselves be vulnerable to attacks. Therefore, there will be a growing need for secure AI systems that can prevent cyber threats.
4. Increased automation in retail
The retail industry has been the most affected by the COVID-19 pandemic, and AI is expected to bring some changes here as well. In 2021, we can expect brick-and-mortar stores to increase their investment in AI technology to enhance customer experience and streamline operations. For example, AI-powered cameras can analyze shopper behavior to provide personalized product recommendations, while robotics can automate tedious tasks like restocking and inventory management.
5. More transparency in AI models
As AI-powered applications become more widespread, the need for transparency and accountability in AI models is gaining prominence. AI models are mostly “black boxes,” meaning it’s hard to know how they learn or make decisions. In 2021, we can expect more organizations to adopt “explainable AI,” a way of making AI models more transparent and understandable. Explainable AI can help in addressing ethical issues, such as bias and discrimination, that AI models often face.
In conclusion, 2021 holds great promise for AI’s growth and impact on society. With the increasing integration of 5G and AI, more use of NLP, better AI security, increased automation in retail, and the emphasis on transparency in AI models, we can expect AI to become more accessible, useful, and less mysterious. Business owners and individuals alike should prepare themselves to embrace this changing landscape.
