Why Is Everyone Talking About Artificial Intelligence?

Jose Fumo
Towards Data Science
4 min readOct 17, 2017

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Nothing Can Stop AI

Courtesy of: SpaceX

Everyone is talking about artificial intelligence these days actually if you look at searches and mention of artificial intelligence online you can see a clear exponential trend AI is not new it actually started over 65 years ago but today we finally have a cost efficient way to store transfer and compute a massive amount of data in a way that was never possible before.

In 2017 I have been wondering the growth of AI industry and I have to say to you that I’m quite amazed by the attention AI is receiving recently. At some point I realized that all the tech newsletters I’m subscribed whenever I receive an email, almost every time there are news about AI.

It’s happening all around.

Almost all high tech magazines.

Developers are talking about AI.

Engineers are talking about AI.

Data Scientists are talking about AI.

Journalists are spreading the words about AI.

Entrepreneurs are brainstorming to come up with new ways of applying AI to improve their business.

Business Man are looking for new business models on top of AI.

I’m talking about AI.

Probably you too are talking about AI.

Here are some news for you:

China’s AI Awakening

Artificial intelligence may have been invented in the West, but you can see its future taking shape on the other side of the world.

Put Humans at the Center of AI

“To make more helpful and useful machines, we’ve got to bring back the contextual understanding,” says Fei-Fei Li, chief scientist of Google Cloud

What AI Needs to Learn to Master Alien Warfare

AI agents need new ideas to compete in the popular strategy game StarCraft.

Harri Valpola dreams of an internet of beautiful AI minds

The Finnish computer scientist says he has solved AI’s fundamental problem: how to make machines that plan

Microsoft Is Making AI Boring, and That’s Either Great or Scary

Slack CEO: How We’ll Use AI to Reduce Information Overload

Stewart Butterfield talks about how machine learning can help your work productivity.

“Eton for all”: will robot teachers mean everyone gets an elite education?

OK, Phone: How Are My Crops Looking?

The Seven Deadly Sins of AI Predictions

Mistaken extrapolations, limited imagination, and other common mistakes that distract us from thinking more productively about the future.

An Amazing AI Advance Makes Google’s Smart Butler Sound Way Better

Facebook Quietly Enters StarCraft War for AI Bots, and Loses

Will the Future of AI Learning Depend More on Nature or Nurture?

Alibaba Aims to “Master the Laws” of AI and Put Virtual Helpers Everywhere

CTO of the e-commerce giant says its new $15 billion research academy will explore AI, fintech, and quantum computing.

What? are you begging to stop? ok then, I get you. You also might think these news are biased? Maybe, but I will leave this at your own judgment. All these sometimes can be overwhelming, but this can be used as a prove of concept that AI is here to stay, for better or for worse, and nothing can stop the attention AI has won.

Why Now?

The main reasons for these vast popularity of AI are:

  • More computing power:AI requires a lot of computing power, recently many advances have been made and complex deep learning models can be deployed and one of the great technology that made this possible are GPUs.
  • More data: In order to have a useful AI-agent to make smart decisions like telling which item to recommend you next when shopping online or classify an object from an image, AI are trained on large data sets and big data enables us to do this more efficiently.
  • Better algorithms: State of the art algorithms most of them based on the idea of Neural networks are constantly getting better results.
  • Broad investment: universities, governments, startups and tech giants (Google, Amazon, Facebook, Baidu, Microsoft) are all investing heavily in AI.

AI is rapidly growing both as field of study and also as an economy.

AI From Academic Perspective

From scientific field perspective, day after day new researches are being conducted and everyday are emerging thought experiments and new ideas on how can we build better AI to serve people’s life for good, besides that, no one can argue against the fact that there are many folks both from academia and industry working hard to push the boundaries of what we know today and the current state of AI, the world as we know is changing so fast and we all want to see how awesome the future can be.

AI as Global Economy Booster

AI will contribute as much as $15.7 trillion to the world economy by 2030, according to a PwC report Wednesday. That’s more than the current combined output of China and India. You can find more following AI Will Add $15.7 Trillion to the Global Economy and The global economy will be $16 trillion bigger by 2030 thanks to AI.

  • PwC says global GDP to be 14% higher in 2030 as a result of AI.
  • ‘Man and machine together can be better than the human’.

Definitely there are many things going on the tech industry and day after day we see and we are going to see many cutting edge innovations that use at their core Artificial Intelligence. Stay tuned!

Before you go!

If you enjoyed the writings leave your claps 👏 to recommend this article so that others can see it.

J. David Fumo!

May The Force Be With You!

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Passionate about technology, financial markets and above all, Humanity. I share my journey to Self-Discovery and Personal Growth.