Disrupting Artificial Intelligence (AI) and Machine Learning (ML) Trends to Look for 2022 & Beyond

• By Yash Shah
• 11-04-2022
• Technology

In recent years, Artificial Intelligence (AI) and Machine Learning (ML) have joined hands to grow as a presiding part of the technological world. As the entire world suffered a lot due to COVID-19, eCommerce witnessed dramatic growth with the aid of AI and ML technologies.

These technologies help businesses in all sectors to achieve their goals by making positive decisions during a critical situation. Also, they assist businesses to create innovative products & offer seamless services to their consumers.

Market Values of AI & ML in 2022

AI and ML have become mainstream tech needs for enterprises in the past couple of years. The outbreak of the COVID-19 coronavirus in 2019 has offered numerous breakthroughs to these technologies. Experts have predicted that the market value of technologies AI and ML will reach $9 billion at a CAGR rate of 44%. Besides, companies may have around 35 AI-oriented projects on average.

Are you looking to control your business market through AI and ML in 2022? Then you must be well-aware of the AI & ML trends for 2022.

Top Artificial Intelligence (AI) and Machine Learning (ML) Trends For 2022 & Beyond

The year 2022 will act as an emerging timeline and push the boundaries of AI and ML technologies. Take a look at the top AI and ML trends for 2022.

1. Low-Code & No-Code Technologies

Many companies are struggling to transform their business operations to AI technology because of the scarcity of skillful AI developers. However, this struggle won't last for long as the 'Low-code & No-code' technology powered by AI will allow companies to develop their AI-powered solution according to their requirements.

Low-Code & No-Code Technology offers a simplistic interface where anyone can create or develop a complex AI system without any coding background. Just like web pages designed by simply dragging and dropping graphical elements without any coding, people can develop intelligent AI systems by feeding the ready-made modules to the required domain-specific data. Such advancement will democratize AI, ML, and data technologies.

2. Hyper Automation

Hyper-Automation is the process of utilizing advanced technologies to empower business processes through automated tasks and to achieve high efficiency. This will be the ultimate instrument for enterprises to survive and succeed in heavy competition by taking quicker and better business decisions.

Moreover, it helps to make quality products and to reach markets much faster by maximizing their workflow allocations. By reducing human intervention through the workflow, hyper-automation plays a handy role in cutting operational costs for enterprises.

3. Enhanced cyber security

The role played by AI and ML is so crucial regarding information security. Companies can use AI-powered cyber security to avoid unintentional or intentional data breaches to safeguard their customers' and company's information.

AI-powered cyber security can handle heavy traffic, improving network security, and alerts if any inconsistency occurs. More importantly, the time and cost for identifying the cyber threat by AI-powered cyber security is much lower when compared with normal security personnel.

4. AI-Powered Quantum Computing

AI-powered Quantum Computing would be the next thing many businesses are looking for. Quantum AI would be far better and more powerful than traditional AI technology. Data analysis along with the prediction of data patterns will be quicker and more accurate in AI-powered quantum computing.

The power of Quantum AI will allow businesses to solve their complex problems much faster and easier than before. Quantum AI would be a revolutionary move in many industrial sectors, particularly in healthcare, chemistry, and finance, to identify and solve unforeseen challenges.

5. Domain of Creativity

Those days are gone, where humans are the ones gifted with creative skills. Now, we are on the verge of witnessing the emergency of creativity among machines with the presence of AI. The growth in AI technology is inching closer to the real intelligence which humans have.

The arrival of GPT-4 and Google Brain in 2022 may redefine the boundaries of AI and ML technologies. People expect more natural and real creativity among machines using AI soon, especially in day-to-day creative tasks like writing and designing.

6. Natural Language Processing (NLP)

Natural Language Processing (NLP) uses AI technologies like no other. With the power of AI, and NLP devices turn the natural human languages into coding and almost eliminate human interaction with the screen. Almost in every new model smartphone, the necessity of typing text has been reduced with the presence of NLP.

The recently released Generative Pre-trained Transformer 3 (GPT-3) which is considered as the latest and most advanced NLP model, contains roughly 175 billion parameters. By using those parameters, a machine understands human languages and processes accordingly. Now, the AI research and deployment company 'OpenAI' developing GPT-4 which contains more than 100 trillion parameters. This may be close enough for machines to develop a new language and create a conversation with each other. The usage of NLP is so popular in sentiment analysis, chatbots, automated caption creation on videos, machine translation, and so.

7. IoT With AI

The (Internet of Things IoT) devices are the most demanded tech gadgets by the younger generations worldwide. Implementing Artificial Intelligence (AI) with the IoT devices will simply do many things, especially on gathering the data related to work or processes without any human intervention.

IoT devices connected to AI will be able to do real-time data recording and to act according to the data; they transmit the collected data to other ends for analysis. This helps IoT devices for better prediction and to forecast upcoming events. IoT devices with AI help to cater to users according to the data collected in real-time.

Bottom Line

The emergence of AI and ML along with the trends of 2022 will meet the needs of modern businesses to gain a competitive edge in the market. The significance of 2022 trends in AI and ML technologies will be the dynamic scope for many enterprises. Without any doubt, one can say that technologies like AI and ML are the true imminent future for enterprises.