AI & AR: The technology of Future & Its Importance

Artificial Intelligence and Augmented Reality, the two trends that are set to rule the future. Bringing a revolution in almost each and every industry of the world. The Augmented Reality and its distant cousin Virtual Reality are expected to become a $150 billion worth market by the year 2020, out of which only $30 billion worth of the market will be occupied by Virtual Reality.

Expected to make a sky-rocketing growth int eh coming years, replacing man-force in industries, both AI & AR will set new benchmarks, supporting the 4th industrial revolution that is all set to take place.

Benefits of AI & AR:

The introduction of these advanced technologies will definitely bring in a shift in the paradigm of human behavior, responsibilities, and deliverables. Things will be available at a verbal command, and you’ll always have someone to assist you. The primary benefits that AR & AI will offer include:

Enhancing Training & Education Quality

The real-world training includes a potential risk to human life. With the introduction of AI & AR in the education sector, the quality of trainings and learnings is set to improve. These technologies will offer 3-D trainings, quite similar & much efficient to the real-time trainings.

Preference Sorted Entertainment

Voice assistants, virtual assistants, and artificial-intelligence-based technologies are the future of the world. Making a debut in the market, they will understand the user behavior patterns, feed their systems with the interests of a user & serve them with the platter they would like to savor. 

Faster Production and Distribution of Goods

Replacing the manual workforce in the manufacturing and production industry, AI & AR are all set to increase the productivity of the global supply chain. Being internet-savvy, almost the entire world is dependent on a huge supply chain that we term as the global supply chain. Introduction of AI & AR in the supply chain will reduce production time to 1/3rd of present & the quality is expected to improve by 2x. 

Automating the World

When these technologies debut in the supply chain industry, they’ll replace humans as manufacturers. Testers and deliverers of products. Everything in the world will be produced, testes and sold by machines working on smart technologies.

AI & AR, the two technologies are the demand of the hour where market evils like counterfeiting, dependence on stakeholders, and quality are put on stake. Playing a pivotal role in the making and selling of products, bettering various industries and service qualities, they will rule the future. 

For any queries about AI and AR Projects, you can reach us at www.coherentlab.com