“A day may come in the future when words spoken in one vernacular language would automatically be translated into another to ease out communication between people belonging to two distinct geographies. We will set up 25 hubs focusing on diverse areas. Each hub will have multiple academic institutions and industry. Even with government funding and…
Month: January 2020
Why Agile Methodologies Miss The Mark For AI & ML Projects
“Existing methodologies that are either application development-centric or enterprise architecture focused or rooted in hardware or software development approaches face significant challenges when faced with the unique lifecycle requirements of AI projects. Is the deliverable the algorithm, the training data, the model that aggregates them, the code that uses the model for a particular application,…
2020: The Year Of Artificial Intelligence For Your Business
“Close to 40% of businesses use artificial intelligence (AI). This number was estimated at 5% to 10%, but a survey by IBM showed that we grossly underestimated the scale of AI’s existence. This number is set to grow to 80% to 90% over the next 18-24 months. Here are some processes and areas AI is making inroads in…
Reality And Errors About The Future Of Artificial Intelligence (AI)
“More than 40% of companies expect AI to be a game changer. The German government also wants to accelerate the introduction and development of AI technologies. It plans to invest 3 billion euros in AI research by 2025. But 77% of companies also say that acceptance in the economy is a challenge. According to Statista, the world’s large…
China’s AI Industry to Top $30B by 2022: Report: Chinese Institute of Electronics- PingWest
“China is playing a leading role in computer vision and language recognition, which is expected to boost the industry to more than $8 billion by 2022, the report says. By the end of 2018, there were more than 1.9 million new AI professionals over the world, half of whom were from the United States. Additionally,…