Top AI Innovations in 2020 that you can’t Afford to Miss!

Original Source - https://www.trionds.com/top-ai-innovations/

Artificial Intelligence is increasingly playing a role in every intelligent product, such as upscaling video signals for an 8K TV as well as every business process, like predicting consumer demand for a new product, said, Derek Kennedy, the Senior Partner and Global Technology Leader at Boston Consulting Group.

The advent of Artificial Intelligence is a boon to the business world. AI benefits could do wonders for your business! By automating repetitive tasks and menial tasks, AI can enhance the overall productivity of your business. As most of the monotonous tasks are done using AI-driven bots, the employees get enough time for doing more relevant tasks. This is why,

The overall spendings on AI systems are expected to reach $97.9 billion in 2023, which is more than two and one-half times the $37.5 billion that will be spent in 2019. The compound annual growth rate (CAGR) for the 2018-2023 forecast period will be 28.4%.

Here in this blog, I have spoken about the latest AI announcements made in the business space. Let’s read further to know more.

Top AI Innovations that You must look at!

Artificial Intelligence (AI) is a new factor of production and has the potential to introduce new sources of growth, changing how work is done and reinforcing the role of people to drive growth in business, says Accenture.

CES 2020 Mega Conference held recently witnessed the continuously growing buzz for AI. Here are some of the latest AI announcements made at CES. Let’s have a look at these.

Prosthetics

Prosthetics is one of the latest AI announcements. Wondering what Prosthetics is? Prosthetics is the process of evaluation, fabrication, and custom fitting of artificial limbs, known as "prostheses." A prosthesis is an artificial device that replaces a missing body part, that may be lost through disease, an accident or a congenital disorder. Driven by Artificial Intelligence, Prosthesis helps in restoring the normal functions of the missing body part.

Using the advanced techniques of Artificial Intelligence, along with EMG technology, BrainCo has built a prosthetic arm that learns. This arm lets people play the piano or even do calligraphy with little supervision and assistance.

"Prosthesis is an electronic device that allows the users to control the movements of an artificial arm with the power of thought alone," said Max Babych, the CEO of SpdLoad.

Selfie Type

Still thinking about what are the latest Artificial Intelligence announcements. So here you go, SelfieType is the next in the list. This is one of the interesting top AI innovations that will surely drive you crazy. One of the most irritating features of your smartphones is the keyboard that may annoy you if it fails to meet your expectations.

Samsung has come up with a unique solution: SelfieType. It leverages the helpful features of cameras and Artificial Intelligence for creating a virtual keyboard on a surface. This AI-driven AI innovation will surely revolutionize the world of smartphones.

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Scarlett Rose is a software consultant. She loves to do blogging.