Some Key AI Trends to Follow

As the importance of AI is growing, there are different trends in it which are emerging with time. This is particularly significant ever since the pandemic has hit the world. Due to work from home and lockdowns, businesses have become more interlinked with each other digitally which increased the importance of AI further.

Here are four different AI trends which can be followed by businesses to stay ahead.

Importance of responsible AI:

Because of the vastness of big data and AI's reliance on it, AI training models or datasets will end up having unethical or improper data. As more and more businesses are able to understand the value of creating AI that is ethical, a growing number of AI developers and service providers are beginning to offer AI solutions to their clients which are ethical.

There are several ways that companies are using to make sure that the AI is responsible. The most common way they are doing this is by cleaning and assessing both data sets and existing AI models.

Introduction to Decision Intelligence:?

Decision intelligence (DI) is a novel artificial intelligence concept that takes many current business efficiencies a step further by analysing large quantities of commercial data with AI models. These assessments are used to forecast future outcomes in a variety of areas, including products, customers, and supply networks.?

Decision intelligence not only helps with providing?predictive insight and actionable recommendations.

AI will become more explainable:

Explainability of AI will receive more attention. As more data restrictions are implemented, AI's trustworthiness will become increasingly important. This will effectively grasp and describe how each characteristic contributes to the machine learning model's final prediction or result.

Automated speech recognition usage increase:

The rise in remote working, particularly in customer service centres, has resulted in the creation of a great opportunity in implementing automatic speech recognition capabilities. Only about 5% of all client contacts are consistently evaluated for quality feedback. Because one-on-one tutoring isn't available, businesses can employ artificial intelligence to do routine quality checks on customer knowledge and intent to assure continuing compliance.

This shows that AI is slowly being taken to the next level as new trends and innovations keep coming in this area. Hence, it is important to keep updated with these trends to get best value out of AI.