In several market categories, artificial intelligence (AI) is eclipsing human intelligence. Industries like healthcare, defense, finance, and banking all employ AI. Data scientists and AI developers are multiplying as AI adoption rises over time.
One of the exciting things about AI is that it can generate cumulative GDP growth of 1.2% annually. Additionally, by 2030, the total predicted GDP growth might reach 16 per cent.
We will now go over a few facts about artificial intelligence in this article. These AI statistics will provide light on state of the art in AI and its future possibilities. These data will help shed some light on the frequent contributions leading artificial intelligence businesses to make to AI development.
Facts That Are Interesting About Artificial Intelligence (AI)
We’ll also talk about some fascinating AI statistics. You may already know some of these facts, while others may still be new. However, the AI sector needs to be mindful of these facts, which we will describe.
1. AI can increase global GDP by 16 percent by 2030.
Yes, this is among the most fascinating facts about artificial intelligence, but many businesses thrive thanks to AI. An annual cumulative gain of 1.2 per cent in the global GDP is anticipated from AI. It will need a combination of factors to make it happen, including an enlarged workforce for the manufacturing industry, more intelligent robots, and the application of AI to produce more excellent quality and quantity.
2. The market for automobiles with AI is anticipated to increase by up to 35% by 2026.
The U.S. National Highway Traffic Authority calculated that autonomous vehicles might save 300 billion USD by 2025. These driverless vehicles will lessen collisions and encourage defensive driving. One of the most exciting facts about artificial intelligence is that, by 2030, 95–98% of new cars will be equipped with AI.
3. AI is enhancing gaming character intelligence
The fact that AI is assisting in the evolution of the gaming business is among the most intriguing facts regarding AI. New game creators use AI to improve gameplay and difficulty. Examples of such clever games include Red Dead Redemption 2 and Alien: Isolation.
Gamers who have played Alien: Isolation have observed that the alien entity can pick up on their playing style and exploit it to frighten them. RDR2 may also provide each Non-Playable Character (NPC) with their own lifestyle and backstory.
4. AI will enhance the quality of customer service
According to Juniper, success rates for chatbot customer support will rise from 12 to 75 per cent by 2023, which is one of the interesting AI facts they presented. By 2023, though, the banking industry’s growth might reach 90 per cent. Implementing customer service AI can save up to USD 8 billion annually.
5. Traditional journalism will be replaced by robot journalism.
One of the most fascinating aspects of artificial intelligence is that it has given machines the ability to carry out journalistic tasks. The media industry is changing and experimenting with using robots to produce news.
There have already been a few occasions where robot journalism has been used. For instance, a robot produced a report on the California earthquake. For the Los Angeles Times, the AI-supported Robo completed the task.
6. With AI algorithms, user personalization is enhanced
Artificial intelligence’s impact on the app market is a truth that cannot be ignored when talking about AI facts. Mobile apps and websites can provide users with more tailored experiences thanks to AI. Additionally, it facilitates the user’s search for goods and services and improves the shopping experience.
7. Your pet AI can also serve as a comforting companion.
The emerging AI-based trend for consumers who seek a virtual pet companion includes pet bots. These pets are available as software or emulators. Furthermore, a few different breeds of intelligent pet robots have begun to be sold by various tech companies.
These creatures’ reactions can often resemble those of real animals. The fact that researchers are striving to include emotions in pet robot AI is one of its finest exciting facts. These companion robots will soon be able to detect the user’s emotions and respond appropriately.
8. AI can recognize a person’s emotions.
Even though this aspect is still developing, AI technology is intelligent enough to analyze facial expressions and body language to identify emotions. Data scientists are working nonstop to develop AI that can emotionally assist individuals who require it. In the end, if sufficiently developed, it might help individuals express themselves more and lower suicide rates.
For instance, the Expertech AI robot named “Robin” helps youngsters who are undergoing medical treatment emotionally. At the Wigan Robin experienced a few clinical experiments at the Medical Pediatric Clinic in Armenia; Robin’s children, Robin were able to successfully lower their stress levels by up to 34%.
Robin also increased the kids’ happiness by up to 26% by playing games, talking to them, etc.
9. AI can track system health and foresee potential issues.
One of the best things about artificial intelligence is that it can now keep an eye on the health of the hardware and software to prevent potential problems. It has two options: it can take care of any possible irregularities on its own or create a report and notify the administration in time.
10. Nautilus can forecast the future.
Nautilus is currently housed at the University of Illinois. The supercomputer reads news and events and uses its 8.2 teraflops processing capacity to predict outcomes. It has already identified Osama Bin Laden’s location after analyzing 100 million news reports. That ultimately led to the killing of Bin Laden.
Conclusion
The future of AI is bright. AI will eventually be able to be incorporated into many different market sectors. Soon, AI will serve as a driver, emotional partner, and chef. In other words, we will have advanced AI for our daily needs and more strenuous activities.
I hope you enjoyed and learned something from this blog. To learn more about industries like AI, text to speech, Blockchain, Android, iOs, and many more, read more posts on MobileAppDaily. In addition, look through our reviews of mobile applications to discover the top apps for various markets, like banking, healthcare, and entertainment, among many others.
