Artificial intelligence (AI) is the “science of making machines that can think like humans,” according to Aruna Pattam, the head of AI analytics and data science at Capgemini, a global leader in consulting, technology services, and digital transformation. But what does this mean for our daily lives and on a broader spectrum? How will AI change our lives – if it hasn’t already? Here are four ways experts predict AI will change our lives this year.
Finance
In March, Morgan Stanley announced it was rolling out a chatbot powered by OpenAI’s latest technology to help its financial advisors. The goal behind this tool is to act as a resource for advisors by assisting them in quickly researching and finding data. Essentially, the way your advisor preps before presenting their recommendations to you, how, when, and what to invest, could be, in part, influenced by AI.
Medicine
AI is already used in the medical field, and it only continues to grow. For example, AI is used to analyze imaging from CT scans, X-rays, and MRIs to ensure something a human might miss doesn’t go unnoticed. Another way AI will help in the medical world is through diagnostics. AI can learn the vital signs of patients in critical care and be able to alert medical staff if something changes in the wrong direction while collecting data and looking for complex conditions.
Music and Entertainment
Ahead of Spotify’s “Stream On” event in L.A. on March 8, the company launched a new AI DJ feature,
a personalized AI that knows your music taste and can choose music based on what it knows about you. The goal is for the AI DJ to provide you with a curated mix of music and commentary around the songs it plays for you in a realistic voice.
Another way AI will influence music and entertainment is through virtual artists performing for virtual audiences. For example, in the Sensorium Galaxy Metaverse, AI musicians can offer concerts, interact with fans, recall prior interactions, and create relationships.
Generative AI
Microsoft, Salesforce, and Google are in the middle of a race to release generative AI technology, a type of AI that produces images, text, synthetic data, and audio. Microsoft announced Bing Chat, and Google has a version called “Big Bard.” In addition, Salesforce, a cloud-based software company, recently announced plans to incorporate generative AI tools within its customer relationship software and is looking to partner with OpenAI to run ChatGPT in Slack.