Just in case the whole AI hype train has passed you by, we’re delighted to report that you’ve probably only missed the boring bits. As someone said recently, we’re mostly at the AOL stage of AI right now, with all the real heavyweight tech still barrelling down the pipe to our homes and devices. Truth is, for every doomster or negative Nora claiming that artificial intelligence is nothing but smoke and mirrors, there’s a bunch of people quietly making it do useful and sometimes amazing work.
For example, Quantum Street, an AI investment tool running on the IBM Watson platform, currently manages over $5 billion of financial assets. It does this by using deep learning to measure daily media signals, assess risk and automate portfolio processes at ridiculous speeds. At the other end of the scale there are millions of individual programmers, marketers and business executives across the globe running modest AI routines to make their lives and daily work easier and more cost effective.
So with all that being said, what does this mean for the future of AI integration into our lives? Ericsson’s ConsumerLab recently polled more than 6500 early adopters in 13 cities around the world, for it’s Hot Consumer Trends 2030s report. The respondents said they thought over 80% of consumers will be using AI for lifestyle or life-altering decisions by 2030. Upgrade your life with a daily dose of the biggest tech news, lifestyle hacks and our curated analysis.
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