We are seeing the beginning of the new artificial intelligence economy. This has many parallels to the infrastructure-as-a-service wave led by Amazon Web Services (AWS), which provided the world with access to highly-scalable compute capacity. AI technologies are being exposed as core infrastructure via the cloud, enabling companies to build smarter applications and services.
If you think you aren’t already a part of the AI economy, think again. Most of us are already participating through our interaction with popular applications and services. For example, Google Maps uses AI technology to better understand Street View images to give more accurate directions; and both Siri and Google Now use a combination of speech recognition, language understanding, and predictive modeling to act as digital personal assistants.
So the big question is: why now? Historically, AI technologies have been limited by a lack of data, insufficient compute capability, and poor algorithms. We’re now witnessing the convergence of three major forces: ready access to massive data, highly scalable on-demand compute capability, and a number of core algorithmic breakthroughs that enable us to better train robust AI systems. This is a perfect storm that has resulted in significant advances in computers’ ability to understand text, images, video, and speech. Read more