fbpx
Founder Institute Lagos Founder Institute Lagos Founder Institute Lagos
  • Home
  • About
  • Partners
  • Advertise
  • Contact
  • Signup to receive updates
Innovation | Startups | Funding | Tech Blog in Africa
Advertisement
  • Home
  • Startups
  • Hubs
  • Funding
  • WomenTech
  • CleanTech
  • Blockchain
No Result
View All Result
  • Home
  • Startups
  • Hubs
  • Funding
  • WomenTech
  • CleanTech
  • Blockchain
No Result
View All Result
Innovation | Startups | Funding | Tech Blog in Africa
No Result
View All Result
Home General

4 Trends in Artificial Intelligence You Should Know

by David Okelezo
2020/02/12 - Updated on 2020/12/28
in General
ai trend

ai trend

Share on FacebookShare on Twitter
Tweet
Share
Share

For the past 10 years, the growth of Artificial Intelligence has been tremendous, although, this technological innovation is, still in its cradle.

However, its huge potentials can never be underestimated, as the usage of AI, has increased, by over 270%, in the past four years.

It has been estimated that, by 2021, AI augmentation, will create $2.29 trillion of business value, across the world and 87% of companies that have adopted AI, will experience exponential improvement and growth, in their businesses.

Across the world, major tech companies, like Microsoft, Amazon, Facebook, Twitter, Google, Alibaba, Tesla, etc., are investing millions of dollars, every year into AI because, they have a perfect understanding, of what they stand to benefit from it.

RelatedPosts

LG Electronic Storms Street Foodz Naija Season 4

Tech Innovation Awards 2023: Infobip crowned Innovative Cloud Communications Provider of the Year

Stakeholders Brace Up for AfriTECH 3.0, ATAEx Awards

App Development: Anambra ICT Agency Ready to partner Secondary Schools


Also read, 8 Daily Artificial intelligence Applications You May Have Taken For Granted


There is no denying the fact that, AI will change the world, as we know it and what we are seeing and experiencing today is, just a fraction of its possibilities.

But in the nearest future, things will, drastically, change. On the back of AI, man will ride into the next industrial revolution.

Below are 4 trends, in Artificial Intelligence that, will impact the nearest future:

Automated Call Centres Representatives

Big organisations, across the world, have, already, started to implement this trend.

In the nearest future, AI-powered machines, will answer millions of customers calls within a few minutes.

AI provides solutions that can detect customer’s sentiments and use the information gained, to provide a deep learning, pre-check portal and claim queue.

Automatic Speech Recognition, (ASR), to translate audio to text, etc., proffer solutions to the customer’s inquiry.

This will lead to great service, more revenues and stronger brand loyalty.

Checkmate Your Privacy

Unlike before, when you will have to input some personal details, before you can get a particular answer to your questions, now, through a process of query understanding, customer generation, etc.

AI can, effectively, pinpoint the needs of the customers, without the customers divulging their personal information, thus, keeping their privacy intact.

AI Training

One thing that, will contribute to the growth of AI is continuous learning.

Training in AI, to know what it does not know, to add to what it knows is, a trend that, will be a focal point that, man will pursue, ceaselessly.

This move has, already, been introduced in the health sector, as man is, already, finding ways, to give an accurate description of diagnosis.

More Investment

Artificial intelligence and deep learning research, prototypes and businesses, will get more investment, as the years go by.

This trend will define the future, as more investors, will become more interested, in businesses, powered by AI.

Retail giants, across the world, have, already, charted out plans, of investing, massively, into AI, to boost their businesses.


Featured Image: information-management


Don’t miss important articles during the week. Subscribe to cfamedia weekly newsletter for updates.

Join @techbuildafrica on Telegram
Tweet
Share
Share
ShareTweetShareSendShare

Subscribe us

Recent Posts

  • Clean Technology Hub announces Africa E-mobility Conference and Exhibition
  • Peach Payments concludes $30M Funding Round
  • LG Electronic Storms Street Foodz Naija Season 4
  • Stitch raises $25M Series A Extension led by Ribbit Capital
  • Applications for MIDEM+ Start-up Battles closes Soon (Oct 8)
  • SBIC 2.0: Surprises as Founder of ‘Mara Nailed It’ Emerges Winner (N50K)
  • ProLocums launches to Transform Nigeria’s Healthcare Staffing with Technology
  • Tech Innovation Awards 2023: Infobip crowned Innovative Cloud Communications Provider of the Year
  • Stakeholders Brace Up for AfriTECH 3.0, ATAEx Awards
  • Exponential Hub partners AfriLabs on ‘Ace Your Pitch’
Innovation | Startups | Funding | Tech Blog in Africa

© 2013-2021 techbuild.africa. All Rights Reserved.

Navigate Site

  • About
  • Contact
  • WE-Forum
  • Privacy
  • Sitemap
  • Terms
  • Blockchain
  • CleanTech

Follow Us

No Result
View All Result
  • Home
  • Startups
  • Hubs
  • Funding
  • WomenTech
  • CleanTech
  • Blockchain

© 2013-2021 techbuild.africa. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In