SALT LAKE CITY — Artificial intelligence is impacting areas as disparate as the automotive industry, health care, finance, aerospace and the banking industry, according to a recent report by Frost & Sullivan TechVision.

AI has the ability to break down data patterns to create highly detailed simulations and predictions. Frost & Sullivan found that thought-managed interaction with machines is spreading exponentially throughout the business world, regardless of the brand or product, thanks to AI.

Technologists' attempts to give AI the ability to function with cognitive behavior is beginning to succeed, the study says. This cognitive ability includes things like self-correction, planning, problem-solving, learning and reasoning.

AI is also amenable to deep learning and neural networking. Of course, this is an extremely complex procedure, and some scientists still doubt that real-time perceptions on a useful scale can be developed in machines using AI.

The demand, however, for smart applications that do not require any human intervention is growing by leaps and bounds. There is real pressure to make AI as viable as possible, as soon as possible, and the money to do this is not lacking. Corporations see nothing but positive results from harnessing AI technology for everything from customer service to marketing to research and development and beyond.

AI may also soon be handling language translation so efficiently that human translators could become redundant, according to a recent publication by Popular Science. The magazine goes on to speculate that, while some jobs may become endangered by AI, the majority of the work done by AI is still limited to very narrow and specific problem-solving parameters.

The latest step in AI is brain-computer interface (BCI), which will power future technology and allow it to comprehend human emotions and thoughts without the aid of vocal or physical communication strategies. AI will then be able to actually share human thought processes with other machines, the way a person guides a lawnmower to make a clean sweep of the yard and not miss any spots.

Related Stories:

How automated trucks could transform the moving industry

Self-driving cars are the hot topic, but self-driving trucks could help fulfill a shortage of truck drivers or take away their jobs entirely. Let's take a look at how self-driving technology works and how it will affect the moving industry.

This is syntactical at a higher level of understanding than has ever been attempted before. The human language has millions of hidden semantics and meanings that, up until now, only another human being could interpret, understand and then act on (sometimes with the use of call tracking software).

Frost & Sullivan noted that the academic world, as well as the corporate infrastructure, is now conducting intensive tests to increase the "IQ” of artificial intelligence. They report that the United States alone is now responsible for nearly 35 percent of all AI patents; other current big players include China, Japan, South Korea, the European Union, and WIPO (World Intellectual Property Organization).

AI is used for a huge variety of enterprises because of its ability to understand and interpret data patterns and produce real-time simulations with micro-accurate predictions on everything from market turns to federal interest rates.

The future of cognitive computing interfaces depends on AI for processing all the ‘flotsam and jetsam’ that is produced as metadata today. The human brain, while infinitely resourceful, cannot successfully deal with the kind of intricate algorithms AI is inherently capable of creating and then acting on from a nearly human perspective.

This is syntactical at a higher level of understanding than has ever been attempted before. The human language has millions of hidden semantics and meanings that, up until now, only another human being could interpret, understand and then act on (sometimes with the use of call tracking software).

Frost & Sullivan noted that the academic world, as well as the corporate infrastructure, is now conducting intensive tests to increase the "IQ” of artificial intelligence. They report that the United States alone is now responsible for nearly 35 percent of all AI patents; other current big players include China, Japan, South Korea, the European Union, and WIPO (World Intellectual Property Organization).

AI is used for a huge variety of enterprises because of its ability to understand and interpret data patterns and produce real-time simulations with micro-accurate predictions on everything from market turns to federal interest rates.

The future of cognitive computing interfaces depends on AI for processing all the ‘flotsam and jetsam’ that is produced as metadata today. The human brain, while infinitely resourceful, cannot successfully deal with the kind of intricate algorithms AI is inherently capable of creating and then acting on from a nearly human perspective.