Artificial Intelligence: Current Market Trend and Analysis

Artificial intelligence has always left us amazed with wonder. They know how to surpass our imaginations in every single way that one can’t even think. Bill Gates recently said in an interview, “Artificial intelligence can be the friend of us as it is extremely beneficial for the society”. Every year we see new current market trends and pattern of AI. Here are the market trends on artificial intelligence of 2018.

Robotic Workforce

There has been an intense use of robots designed and programmed by the artificial intelligence. They could help in cutting down the costs of hiring workers. Not only have they helped in cost-effectiveness but also in a better task performance.

By the recent research, it has been concluded that in 2025, robots would do elderly care in Japan.

Battlefields in the age of artificial intelligence

We all know that the developed countries have made smart technology to have an edge in the battlefield. AI has done millions of operations to identify risks and future threats. The market consists of so many cybersecurity companies in order to keep an eye on such activities.

In the last 5 years, total 134 startups of cybersecurity initiated with a total funding of $3.65 billion. In the first year, only 34 were able to initiate and now they are the world largest cybersecurity companies. These cybersecurity companies are Cybereason, Cylance,andTanium.

Voice assistants

Artificial intelligence has been showing off their new voice-enabled computing systems that were the showstoppers of Consumer electronics show in 2018. Samsung is also designing and programming their voice assistant, Bixby.

Let’s not forget that LG made their all appliances Wi-Fi enabled in 2017. Let’s see what other companies will do in the future.

Artificial intelligence talent hunt

There is something new and literally amazing has come up with the latest trend in artificial intelligence. In the new report of the AI talent hunt, there has been more demand for engineers and specialist who can work with large companies and earn their dream salaries. Even the companies are willing to pay more than the current market demand for a better employee. There are over 33000 jobs currently available in the US on the Glassdoor site where the salary range up to 6 digits and more.

Bigwigs of artificial intelligence

Many tech geniuses have been using AI as the biggest selling source. These tech geniuses include Amazon, Microsoft, Google,and Yahoo. Amazon has made their own artificial intelligence known by the name of Amazon AI. Amazon goal is to serve big and this is the main reason which has led its way to the world of huge success. This is the main reason that the smaller companies with no use of AI are ignored and slow in a successful growth. This is why Google has made a new AI function by which everyone can train the algorithm according to the specific needs. This new launch is known as AutoML. Everyone can use it as the main concern of artificial intelligence is to serve a big purpose.

The purpose here is one and only that artificial intelligence can lead to a better society with more welfare. Let’s see what other new trends we are going to see by AI in upcoming years.

Another things making it’s way in the AI market is the use of video content to analysis quality audience this could be a possible upcoming trend in the coming days.

Artificial Intelligence: Current Market Trend and Analysis was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.