AI trends in 2022
It’s almost the end of the year, which means time for predicting AI trends in 2022! There has been a dramatic growth of AI in the past few years. The acceleration of the adoption of digital technologies due to the pandemic has led to an increase in streamlining operations with connected technologies and automation. We can expect more AI trends to affect our daily lives in upcoming years.
Before we move onto the AI trends for 2022, here are some numbers. The AI/ML industry is expected to grow at a CAGR of 33% by 2027. It is estimated that businesses will have at least 35 AI initiatives in their business operations by 2022.
Metaverse (the prefix ‘meta’ and the word ‘universe’) is generally used to describe a virtual universe, accessed by virtual reality (VR) technology. It makes it possible for people to interact, do business, and build personas entirely online. The concept of the metaverse turned into a hot topic since Mark Zuckerberg rebranded Facebook into Meta.
Artificial Intelligence will be a vital point of the metaverse – from generating synthetic characters, to creating stories, to optimizing VR experiences. It will allow an enterprise to create a virtual world where the users will feel at home with virtual AI bots, which will assist them in picking the right products and services.
Low-code and No-code Technologies
The shortage of skilled AI developers or engineers slows down the adoption of AI technologies in many companies. No-code and low-code technologies are the solution.
To compare – currently there are web designing tools (for example WordPress) where users can just drag and drop the modules and features to the page and the website is ready. Similarly, no-code AI systems will help in creating smart applications by combining multiple pre-created modules and feeding them domain-specific data. NLP and Language Modelling could be used for giving voice-based instructions to execute various tasks. It will result in the democratization of AI, ML, and data technologies.
The augmented workforce
People are concerned that AI technologies will replace human workers and even make some jobs outdated. However, as businesses began to incorporate these technologies they found out that working alongside machines improves employees’ efficiency.
In engineering AI tools provide predictive maintenance. In marketing and sales AI is used to help determine which leads are worth pursuing and what value we can expect from potential customers. In knowledge industries AI is used to sort through the ever-growing amount of data that’s available to find the relevant information.
Iris.ai tools help researchers find more relevant scientific articles, extract information and summarize documents and researchers can save time up to 80%. You can learn more about our tools here.
Emerging technologies can help us do our jobs more efficiently, and it will be incorporated more and more in our daily working life in 2022.
Companies will start using AI powered by quantum computing to solve complex business problems faster than traditional AI. Quantum AI can predict patterns and analyze data faster and more accurately. It can help businesses to identify unforeseen challenges and suggest possible solutions. As a result, Quantum AI will revolutionize many industrial sectors, such as healthcare, chemistry, and finance.
AI in cybersecurity
This year the World Economic Forum identified cybercrime as potentially posing a more significant risk to society than terrorism. As technology is more integrated in our daily life, the risk of cybercrime rises. The more devices you add to your network, it creates a potential point-of-failure that attackers can leverage to access data and misuse it.
AI can play a significant role in tackling this issue. For example, it can analyze higher network traffic and recognize patterns of nefarious virtual activities. We can expect a considerable amount of AI development in the area of cybersecurity in 2022.
AI in creativity
Creativity is widely considered a skill possessed only by humans. However, we are witnessing the emergence of creativity in machines. Artificial intelligence can create music, poetry, or even video games. With the upcoming launch of GPT-4 and Google Brain in 2022, we will refine new boundaries for AI in creativity. AI will be creating headlines for articles and newsletters, creating logos and infographics etc.
AI is developing dramatically and with it we should expect new areas and possibilities to use it. Companies should definitely consider using these opportunities to scale their existing business capabilities and gain competitive advantage.