Artificial intelligence (AI) has now permeated our daily lives. It is important to note that the growth of AI is likely to continue as its use increases in technology, commerce, and even government operations. Here are the top three trends to watch in the AI space:
The growth of generative AI
According to the report, generative AI will continue to advance due to significant investment in this area. These investments will fuel the development of new tools for synthesizing text, video, images, and audio, as well as further advances in generative AI. We saw the emergence of generative AI around late 2022.
Digitally generated images sparked the first wave of growth, peaking with the introduction of ChatGPT. Since then, generative AI has become widely discussed, and this trend shows no signs of slowing down.
Impact of AI on multimodality
IBM highlights in the report that multimodality is becoming a key trend in artificial intelligence as human interactions become more complex and dynamic. Artificial intelligence can now integrate text, video, photos, and numbers to produce more accurate and improved results, opening the door to a more thorough experience. Artificial intelligence models have often focused on processing data from a single modality.
Thanks to multimodal deep learning, we can now train models to find correlations between several different modalities. Effectively, this means that these models can “translate” words into images, photos into videos, and text into audio.
AI and media
More and more people are adopting a variety of intuitive and readily available AI applications, helping to democratize artificial intelligence. These programs work perfectly with regular programs. Over the next few years, there will be major changes in society's perception of media.
Cost and talent constraints on content creation are disappearing, while new and improved modes of communication are gaining popularity (think TikTok). The number of digital channels will increase significantly and customized media will increase. This will change the way we talk to each other in public as well as in private.
