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Future Today Institute's 2021 Tech Trend Report - Artificial Intelligence (AI)

"Artificial Intelligence (AI) is a branch of computer science in which computers are programmed to do things that normally require human intelligence."

Artificial Intelligence represents the third era of computing, generally defined as the ability for a machine to perform cognitive functions as well as or better than humans. Such functions include perception, learning, r... view more

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Overview: AI is now used across most industries. It solves business problems, detects fraud, improves crop yields, manages supply chains, recommends products, and even assists designers and writers in their work.

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Enterprise Trends: By measuring certain biomarkers, AI can detect people’s emotions and respond accordingly. For example, emotion AI can give feedback on how students are engaging with online educational materials and lectures, flagging if they’re confused, stressed, or bored.

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Health and Medicine Trends: Developing AI systems based on biological models—or deep neural networks—is among the 10 fastest growing technologies in the U.S., as indicated by patent applications. The U.S. Food and Drug Administration approved IDx-DR, the first autonomous AI system to provide a diagnostic decision.

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Consumer and Research: Digital assistants (DAs)—like Siri, Alexa, and their Chinese counterpart Tiān Māo from Alibaba—use semantic and natural language processing, along with our data, to anticipate what we want or need to do next, sometimes before we even know to ask.

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Talent and Creative Trends: The brain drain of AI researchers out of academia and into corporations is growing at an alarming pace. Alternatively, the enrollment in Stanford University’s natural language processing class is now 10 times the size it was in 2004.

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Geopolitics and Defense Trends: Governments are instituting new restrictions on mergers and acquisitions and investment activity to ensure that AI developed by companies does not aid foreign adversaries. Cyberwarfare will change the art of war in the coming decade.

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Society Trends: The biggest topic of conversation in AI right now is bias. We’re moving away from the stage of marveling at AI technology, and people are realizing that AI models and automated systems reproduce all of the existing biases and inequalities of the real world.

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Scenarios, Applications, and Key Questions - What parts of our business model make us vulnerable to the disruption brought by the evolution of AI? What can we do now to mitigate future risks?

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About Authors at the Future Today Institute (FTI)