Decoding Artificial Intelligence: Separating Fact from Fiction in Tech

Abiodun Ajayi
4 min readJul 6, 2023

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Industrial Revolution 4.0 is shaking everything up. Humans are being replaced in several sectors by establishing new ways of doing things, such as how industry manufacturers transform goods and make this happen, how other workforces handle following the strategies to repair and install new production lines, and so much more.

The global AI software market is predicted to grow to $126 billion by 2025, and the adoption of AI globally has increased by 270 % in the past four years. By 2025, customer interactions are expected to be powered by AI 95 % of the time and grow at about 54 % a year.

Artificial Intelligence is the core of face recognition on cell phones and Google translation. Now, the question arises to what extent artificial intelligence will be integrated into our everyday lives. Is it just temporary hype, or is technology becoming a part of everyday life?

Where are we currently experiencing AI?

We encounter artificial intelligence (AI) in many places in everyday life. It is very helpful and simplifies numerous small tasks enormously. For example, the Google Translator, Smart Homes, facial recognition on cell phones, laptops, and the like, as well as language assistants such as Siri or Alexa, are based on this technology.

Artificial intelligence also makes autonomous driving possible. The technology is used in many algorithms, such as on social media. There, AI helps to filter and display suitable, individually tailored content and advertisements.

Spotify recommendations are also based on this principle. AI also makes it possible to find articles by image on Amazon or Google. Artificial intelligence also filters spam in your email inbox. Weather forecasts and navigation are also based on AI.

Artificial intelligence can identify individual wine bottles in the wine industry. In the financial sector, it also prevents suspicious account activity in online banking. In manual areas, AI robots are already taking on some simple tasks. This allows employees to save time and focus on more demanding tasks.

A new AI generation

With ChatGPT and DALL-E 2, AI takes another big step into our everyday lives. DALL-E 2 is the new version of an image generator from OpenAI. New works of art are created on voice command. The program has been available for free since September 2022.

ChatGPT also comes from OpenAI and was released two months later. This is the prototype of a chatbot that can create texts independently. This has an even greater benefit for people, which is why ChatGPT can now boast 100 million users. It’s also free.

FOR EXAMPLE, the AI program composes e-mails, chat messages, short essays, or even poems. It has access to old data going back to 2021 and thus teaches itself language patterns independently.

AI: A Glimpse into The Future

AI's future is filled with excitement and challenges, promising a transformative journey for humanity. Here are some key developments to anticipate on this thrilling path:

General AI (AGI): Artificial General Intelligence (AGI) stands as the pinnacle of AI achievement. It represents a system with the intellectual capabilities of a human being. While the strides in narrow AI applications have been remarkable, the quest for AGI remains a long-term aspiration. Achieving AGI would open doors to unprecedented possibilities, revolutionizing industries, and possibly reshaping society as a whole.

The future of artificial intelligence

Since artificial intelligence is already present and used in so many areas of everyday life, the integration of ChatGPT and DALL-E 2 is also very likely. ChatGPT, in particular, can not only be helpful in everyday life but can also become very helpful in many professions.

Editorial offices and PR agencies can use the AI ​​program to their advantage. One possibility is to use it to create basic frameworks for texts. The editors must then check these once and supplement them if necessary. Nevertheless, it saves a lot of time that can be used for other tasks.

However, it will be a very long time before artificial intelligence reaches the level of a real human being. The challenge, after all, is to teach technology all human skills. And that includes emotions and creativity. It cannot be said whether this will ever succeed. However, it should not be ruled out either.

In the future, AI is likely to find more and more uses in various industries as well as in our everyday lives. It makes life easier in many ways and can be of great help. Finally, AI also creates new jobs instead of taking them. After all, it also has to be operated and further developed. Because of this, artificial intelligence is more of an opportunity than a risk at this point in time.

Conclusion

The claim that ‘Artificial Intelligence is undoubtedly the next industrial revolution’ is not hysteria. It is the inevitable conclusion that we are living through right now. AI’s impact on industries and societies is large, comparable to the previous industrial revolutions.

Big data fuels machine learning algorithms that push the rapid ascent. A convergence of data, computing power, and advanced algorithms has resulted in game-changing applications across many areas.

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Abiodun Ajayi
Abiodun Ajayi

Written by Abiodun Ajayi

Abiodun Ajayi has more than 6 years of experience in Security and IT architecture. He consults and helps form strategies, perform project feasibility studies.

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