Transfer the money and download your desired food from our website within 5 seconds. Sounds impossible right? Haha! So does, video calling to generation X
With the fast pace at which AI is advancing expeditiously, maybe downloading food will not be an exaggerated myth in the next 50 years.
Artificial intelligence is the future now. As for 2022, 9/10 businesses invest in AI, which shows our level of dependency on robots.
The coordination between Machines and humans is now necessary, considering the condition of the world. Trading and businesses are now next to impossible without a robotic hand.
AI has transformed the world drastically. The invention of instant messaging, video calling, wireless technologies, and solar-powered machinery are some of the visible miracles of technological advancement.
Have a glimpse into the future of the digital world and let’s dig into what more deep learning holds for us.
Table of Contents
The Predicted Miracles of AI:
How the phenomena (AI) will remain deserted when the huge investment of $94 billion has been between 2015-2021? It is estimated that the investment will raise to $256 billion by the end of 2027. Considering the time and money people are investing in machine learning, soon, flying cars and food downloading will not remain just myths.
Currently, scientists are trying to introduce some technical commodities, which we never imagined like 3d printed human organs and 8K virtual reality headsets. By the end of 2050, we will even be having space tourism options available.
We are living in the era of execution of inconvincible things and the future is outside of the realm of imagination. How AI will change the future is our main concern and thus will be the topic of discussion in our blog.
AI and Labor:
There’s a perception that the involvement of robotics in the human world, will minimize the need for working labor. Well, unfortunately, the perception isn’t false. A billion people are expected to lose their jobs by the end of this decade. Moreover, by 2025, 85 million jobs will be replaced with machinery.
Even though the perception isn’t false but misunderstood. Artificial intelligence will not eliminate the need for human labor but for some occupations. People with more understanding of machines and robots will be hired and preferred in the market.
For example, the emergence of digital marketing has now transformed book writers, into ebook writers. Now all a book writer need is the skill to operate digital platforms and publish the book online.
Robotics, while reducing human effort, still requires a being to manage and control them. So if you’re afraid of getting replaced by robots, learn to simply control them.
The Predictions Regarding AI:
There will be no blind and no deaf by the end of 2050.
Sounds surprising, right? Well, it has been predicted that by the end of 2050, AI will be able to treat and eliminate several neurological disorders, including Parkinson’s and Alzheimer’s. Surprisingly, spinal cord injuries, will not be a problem by then
According to the University of Oxford, in 2026, artificial intelligence will be generating school essays, conducting surgeries by 2053, and producing bestselling books by 2049. You will be seeing the technology, and selling goods by 2032. Translating languages will not be a hassle in 2024, all thanks to the emergence of machine learning. Moreover, within no time the advancement will be providing cheap ebook writing services, replacing the service providers.
Looking at all the future predictions it can be said that in the next few decades, we will be living our lives in a completely transformed world.
AI And Professions:
Now that we’ve talked a lot about how technology changed our world and what the upcoming future holds for us, let’s delve into professional life.
According to Glassdoor, currently, the lowest an AI professional earns is $78,000/year. If the person is a pro, he can make up to $150,000/ year. The average salary of a professional working in this field is $114,121 per year.
The top-notch firm, offering employment in this sector is Amazon Web Services, which is currently the number one AI Company in the world.
If you’re about to step into the professional academy, try to choose a field focusing on robotics and machine learning. The hiring for this field grew by 32% in the last few years. Plus, 2025 holds 97 million new jobs, related to the field.
This particular sector is expected to grow by 71% in the next five years.
Artificial Intelligence In The Market:
By 2023, AI will resemble humans when it comes to thinking capacity. The current data boom, machine algorithms, automated method improvements, and computer development will be a solid foundation for platforms with human-level AI.
The Sectors occupied excessively by artificial intelligence include the healthcare sector, agriculture, E-commerce (mainly), cyber security, education, robotics, gaming, and finance. Even the military sector effectively utilized AI to improve army men’s security during combat.
Remember the time, when people actually used to sell handwritten books and stories? No publication service available, no computers to type, no photo state machine to make copies. Providing book writing service was a dream for some, but too much effort and lack of time limited the writers to do so. Thanks to the emergence of technology and AI, which have blessed are human world so spectacularly. Selling ebook services and publications isn’t rocket science now.
The Blessings Of Artificial Intelligence:
We all have seen what the emergence has done to our world. Its great advantageous elements in the healthcare sector have helped hopeless patients pretty much. It can also be said that without its indulgence, we would never have made spontaneous advancements in the field of technology. The sector of finance, gaming, robotics, virtual reality, chatbots, face recognition, and autonomous vehicles are greatly enhanced after machine learning stepped in.
In the upcoming future, the combination of AI and machine learning will become more prominent in the consumer market. Virtual assistance or chatbots will soon be providing professional pieces of advice.
Imagine being able to ask, the Chabot of the online store “which is the most featured yet affordable product you have available in your shop”. Similar to the way you ask Siri about “affordable book marketing services” and get suggestions for that, you will be doing the same for a supermarket.
Types of Artificial Intelligence:
The particular technological advancement can be categorized in three types
Weak or Narrow AI:
Designed for a specific piece of work, it automates time-consuming tasks and performs data analyzing tasks beyond human ability. One of the most common examples for this re Alexa and Siri
Artificial general Intelligence (General AI):
Designed to perform human-like tasks like robots. Human cognitive abilities are inserted in a Robot so that it can perform every work that human beings are capable of doing. Computer playing chess and cards and self-driving cars are the best example of AGI. Its development is estimated to accelerate in the next 10 years.
By developing thinking capabilities as humans and manifesting human cognitive skills, the Super robots will be performing far better than human beings. The development of this phenomenon is still in process and is expected to take a few years before it steps into the human world.
Careers One Can Pursue:
As we’ve read how many upcoming jobs are waiting for us, let’s see what path of careers we can choose to have a bright future.
- Natural Language Processing (NLP) Engineers
- Robotics Engineer
- Data Analyst
- Software Architect
- Software Engineer
- Big Data Engineer/Architect
- Research Scientist
- Business Intelligence Developer
- Data Scientist
- Machine Learning Engineer
Currently, the highest-paid job among the 10 mentioned above is Machine Learning Engineer. With extra cash compensations, the MLEs are earning US $145,000 a year. The United States Of America, being the hub of large-scale organizations is the number 1 country globally to utilize the most number of AI professionals.
Note: If you are not a programmer, understanding machine learning and artificial intelligence might be tricky for you. It is preferred to learn some basic skills regarding software and programming so that you can pursue your career in this particular field.
Who Invented Deep Learning?
We now know almost everything about artificial intelligence and deep learning. We have an idea about the field experts, the best company to work at, and the ideal state to begin your career with. The field of studies has also been discussed and now you also know about the pay scale and number of available jobs.
What you may not know is the person behind this brilliant concept.
Geoffrey Everest Hinton the Godfather of AI, lead the foundational techniques of deep learning in 1986. One of his remarkable quotes is mentioned below.
“I have always been convinced that the only way to get artificial intelligence to work is to do the computation in a way similar to the human brain. That is the goal I have been pursuing. We are making progress, though we still have lots to learn about how the brain actually works”
Hey Tech Geek, we hope this whole article is informatively educational for you. Artificial intelligence is the future, even though handmade stuff has its own importance, but the future is robotics. Things will be done taking the help of machinery. More than half of the world will be dependent on AI. Moving forward and matching the pace of the industry will be a hassle if organizations didn’t invest in machine learning.
Since you have read the whole passage, you may now be aware of all the things that the future holds for you. For tech geeks, the upcoming year holds numerous opportunities. Grab one and ace the game of professional life.