Artificial Intelligence (AI) is a rapidly evolving field that has the potential to revolutionize the way we live and work. According to the 2023 Gartner Hype Cycle for Artificial Intelligence (AI), some of the latest trends in AI include:
- Generative AI: This technique has been gaining popularity and has the potential to transform the way we create content, automate human work, and improve customer and employee experiences. Generative AI is currently at the Peak of Inflated Expectations on the Hype Cycle.
- Decision Intelligence: This is a new field that combines AI with decision-making processes to help organizations make better decisions. Decision intelligence is expected to reach the Plateau of Productivity in the next 5-10 years.
- AI Engineering: This is a foundational discipline for enterprise delivery of AI solutions at scale. It creates coherent enterprise development, delivery, and operational AI-based systems.
- Autonomic Systems: These are self-managing physical or software systems that perform domain-bounded tasks and exhibit three fundamental characteristics: autonomy, learning, and agency.
- Cloud AI Services: These provide AI model building tools, APIs for prebuilt services, and associated middleware that enable the building/training, deployment, and consumption of machine learning (ML) models running on prebuilt infrastructure as cloud services.
In addition to these trends, there are other exciting developments in AI such as Artificial General Intelligence (AGI), which is the hypothetical intelligence of a machine that can accomplish any intellectual task that a human can perform, and Composite AI, which refers to the combined application of different AI techniques to improve the efficiency of learning and broaden the level of knowledge representations.
These trends are expected to have significant and even transformational benefits while also addressing the limitations and risks of fallible systems. AI strategies should consider which offer the most credible cases for investment.
In conclusion, AI is a rapidly evolving field with many exciting developments. The latest trends in AI include Generative AI, Decision Intelligence, AI Engineering, Autonomic Systems, and Cloud AI Services. These trends are expected to have significant and even transformational benefits while also addressing the limitations and risks of fallible systems. AI strategies should consider which offer the most credible cases for investment.