Artificial Intelligence (AI) and Machine Learning The New Technology
Artificial Intelligence, or AI, has already received a lot of buzz in the past decade, but it continues to be one of the new technology trends because of its notable effects on how we live, work and play are only in the early stages. AI is already known for its superiority in image and speech recognition, navigation apps, Smartphone personal assistants, ride-sharing apps and so much more.
Other than that AI will be used further to analyze interactions to determine underlying connections and insights, to help predict demand for services like hospitals enabling authorities to make better decisions about resource utilization, and to detect the changing patterns of customer behaviour by analyzing data in near real-time, driving revenues and enhancing personalized experiences.
The AI market will grow to a $190 billion industry by 2025 with global spending on cognitive and AI systems reaching over $57 billion in 2022. With AI spreading its wings across sectors, new jobs will be created in development, programming, testing, support and maintenance, to name a few. On the other hand AI also offers some of the highest salaries today ranging from over $1,25,000 per year (machine learning engineer) to $145,000 per year (AI architect) – making it the top new technology trend you must watch out for!
HyperAutomation involves the use of multiple technologies like Artificial intelligence (AI), Machine Learning and Automation technologies such as Robotic Process Automation (RPA) to automate as many business processes as possible.
According to business wire, Seventy percent of RPA professionals say their organization will hire more developers in the next year. According to Forbes, the use of AI in many sectors of business has grown by 270% over the last four years.
Machine Learning the subset of AI, is also being deployed in all kinds of industries, creating a huge demand for skilled professionals. Forrester predicts AI, machine learning, and automation will create 9 percent of new U.S. jobs by 2025, jobs including robot monitoring professionals, data scientists, automation specialists, and content curators, making it another new technology trend you must keep in mind too!
Mastering AI and machine learning will help you secure jobs like:
AI Research Scientist
Machine Learning Engineer