8 Exciting Ways the Latest AI Technology Benefits You
"We must address, individually and collectively, moral and ethical issues raised by cutting-edge research in artificial intelligence and biotechnology." -Klaus Schwab
Artificial intelligence is constantly evolving, and the most latest AI technology leaves no stone unturned in pushing the boundaries of what is possible. As these technologies transform our digital world at an unbeatable pace, the concept of Responsible AI has come to take on a very important dimension. Let's explore eight ways by which the latest AI technology advances responsible AI practices, along with examples for each.
How NLP Makes Conversations Smarter!
Consider the example of using Siri or Alexa to remind you of an important meeting with a staff member. This tremendous interaction relies on a key component of the latest AI technology: Natural Language Processing, or NLP. The largest leaps in NLP have been accomplished in enabling machines to process human-like text, and then generate it.
Reflect on your last conversation with a chatbot or virtual assistant. How did it feel? GPT-3.5 and beyond have transformed language models, from generating relevant articles to answering complex questions, and even writing code. The firms are working on responsible AI bias detection algorithms so that this linguistics processing system becomes fair and inclusive.
Did you know? The level of consumer awareness of using AI is rather low, at just 34%, whereas 84% of them are actually using at least one AI-powered device or service. (5 AI-Powered Devices to Watch in 2024)
Snap & Enhance: Magic of Computer Vision
Think of the times your phone’s camera immediately detects what object you’re trying to capture and immediately enhances the quality. Computer vision is a fast-evolving field that is powering the latest AI technology. Visual AI can now have real-time video and 3D understanding of scenes in real life. Responsible AI has two primary concerns: privacy protection in public surveillance and training data diversity to avoid bias.
Industry insight: U.S. AI in the computer vision market was pegged at $5.88 billion in 2023 and is expected to reach around $92.94 billion by 2033, showing immense growth within the next decade. (AI in Computer Vision Market Size, Share, and Trends 2024 to 2033)
Learn and Adapt: Power of Reinforcement Learning
Imagine a robot that learns how to navigate in a complex warehouse environment and it just gets better and better with time. That's reinforcement learning, one of the fastest-evolving areas of the latest AI technology. From game-playing AIs that beat the best human players to learning robotic systems that can perform complex tasks, it is pushing the boundaries of capabilities in AI. Research now focuses on responsible AI methods and robust reward modeling.
How Federated Learning Keeps Your Data Safe
You are living in a world where your smartphone predicts what you will type better and better over time-all without your personal data ever leaving the device. This is the promise of federated learning, the revolutionary approach in the latest AI technology. Federated learning allows AI models to learn across different devices or servers without the need to transfer raw data. This technique drastically increases user privacy and data protection and forms one of the basics of responsible AI practices.
Behind the Curtains: Trusting Explainable AI
You often think twice while using any new technology, right? With the evolving latest AI technology, there is a need for greater transparency and explainability. What XAI (Explainable AI) does is build trust in the latest AI technology: making it transparent and accountable-in other words, the heart of responsible AI deployment.
Companies developing digital trust by applying explainable AI practices are more likely to achieve double-digit growth rates of at least 10% in annual revenue and EBIT (McKinsey Report)
Instant Action: Edge AI for Lightning-Fast Responses
Think about a self-driving car quickly avoiding an accident, or the smart home device instantly answering your voice command. All of that is made possible because of Edge AI, allowing all these rapid responses. This latest AI technology enables faster and more efficient processing right on devices, from smart home gadgets to autonomous automobiles. It would not only accelerate the speed of response but also enhance personal privacy through reducing the need for continuous transmission of data using responsible AI methods.
Sales of self-driving vehicles are projected to reach approximately 58 million units by 2030, indicating a growing acceptance and integration of this technology into everyday transportation (14 Interesting Facts About Self Driving Cars)
Ethics Matter: Shaping a Fair AI Future
As the latest AI technology develops, so does the necessity of a set of efficient ethical standards and governing principles. Industry leaders are all coming together to create detailed responsible AI frameworks surrounding bias, privacy, accountability, and societal effects of the latest AI technologies.
61% of executives believe that ethics should form the core aspect of AI development, while 56% mention organizations have already created a set of guidelines regarding the ethical use of AI. (Top Artificial Intelligence Statistics and Facts for 2024)
Special Spotlight: Glance's Smart Lock Screen
Imagine being able to glance at your smartphone lock screen and see all the information you need at any given time of day. That is the innovation behind Glance's Smart Lock Screen. At Glance, we leverage the latest AI technology to develop personalized lock screen experiences and also use responsible AI practices. Our Glance smart lock screen employs advanced machine learning algorithms for users to discover relevant content related to news, sports, and weather.
Did you know? More than 235 million active users use the Glance Smart Lock Screen to discover their personalized content and experiences. (Glance Smart Lock Screen Trends Report 2024)
Putting It All Together
"Responsible AI is not just about liability — it's about ensuring what you are building is enabling human flourishing- Rumman Chowdhury
The latest AI technology is ushering waves of intelligent systems that are going to change everything from head to toe. It's limitless, even speaking of possibilities, from natural language processing to quantum computing.
The idea is not just to make more intelligent systems, but also to have technologies that are ethical, accountable, and beneficial to society at large. Glance’s smart lock screen has demonstrated how this is achievable by integrating the latest AI technology and still being at the forefront of innovation without compromising on the fundamentals of responsible AI.
