Is Ai Dominating Businesses Worldwide?

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Artificial intelligence is definitely a trendy topic. Whether if you're a casual enthusiast when it comes to the matter or a professional analyst, this statement is literally undisputable. In 2018, we've seen deep usages of artificial intelligence and machine learning in sectors ranging from creative (with analytics-related AI) to fintech. The question, at this stage, is simple: is Ai truly modifying and, therefore, dominating businesses, or is it just scaremongering? Let's analyse the matter in detail.

Some Numbers 

Following Forbes' recent report, Artificial Intelligence as a topic applied to businesses worldwide has been the biggest and most looked-after development topic in 2018, with a net +35% increase in awareness compared to 2017. With such big numbers, it's relatively easy to understand why startups within this (not so) niche have received a vast influx of investments in the past year. In the UK, companies like UK Bridging Loans have moved from being a relatively small fintech startup to becoming the biggest real estate and finance-related online portal in the North (ProlificNorth). 

What Are The Technologies Used? 

Artificial intelligence is usually misunderstood for a piece of technology itself. AI is a combination of different pieces of technology, which work together to automate a process, a facility or an architecture. If we want to properly dissect the most used programming languages when it comes to AI planning, for this 2019 at least, we should list Tensorflow.js, anything Python and C++ (because we still need an architecture for that AI, am I right?). Tensorflow has been a particularly big trend within machine learning, especially because of its in-the-browser javascript version. 

The Evolution Of The Matter 

Ai is still at a relatively embryonic stage in development, especially when applied to "mainstream" businesses. For example, the usage of Ai for low-level eCommerce businesses it's still relatively away from becoming a tangible reality, due to the costs of the tools which are currently on the marketplace. In the future, we could definitely see the usage of AI into relatively simple matters following what's known as a "mainstream downgrading": the process, to reference, which simplifies a complex technology-related matter to let it become accessible from a mainstream audience.