Artificial Intelligence (AI) and Machine Learning (ML) are no longer dreams of the future technology era. These Emerging technologies are transforming our everyday life and business. It has become evident that AI and ML will play an essential role in transforming business in the year 2021 as well.
1. AI-powered chips
Al-powered microprocessor chips will enable applications that run on Al algorithms. These chips will boost the performance of complex apps used in gaming, healthcare, manufacturing and banking.
With the availability of data, there is a massive rise in cyberattacks. Companies are investing in improving their cybersecurity infrastructure to counter the upcoming risks.
3. Voice search
Google and Amazon have already captured the maximum market of smart, voice-based home products. Apple is entering the race with its own smart speakers.
4. Chatbots for customer support
In the digital-driven world, companies use AI-powered chatbots in business communication. These bots are mainly used to increase customer engagement.
5. Data highways
Companies and users have realised the value of data. The generation of data is growing at an exponential rate. Al-based systems and solutions will enable startups with data mining, analysis of business data and predictive analytics implementation.