It’s all about the algorithm. As the next evolution in the tech revolution, the promise of artificial intelligence (AI) is not only that it’s the next step toward true machine learning, but that it’s clearly changing how we live and the industries we interact with. In a computer science that’s just getting started, you ain’t […]
It’s all about the algorithm. As the next evolution in the tech revolution, the promise of artificial intelligence (AI) is not only that it’s the next step toward true machine learning, but that it’s clearly changing how we live and the industries we interact with.
In a computer science that’s just getting started, you ain’t seen nothing yet.
2017 is buzzing early with AI as the break-out technology, and that may be true, particularly when it comes to mobile app development.
Mobile app development is riding the next AI wave.
It seems the industry that might have the biggest float in the artificial intelligence parade this year is the one that truly moves the American economy – retail. Retailers are capitalizing on deep data they’ve been hoarding and using mobile app development to take their customer personalization experiences to a higher level. If you’re not too sick of the phrase, “IBM’s Watson,” check out what those snazzy geeks are doing now:
While Watson’s team up’s reads like a retailer who’s who, there are plenty of other companies, including start-ups, who are capitalizing on AI to move mobile app development into the next wave. Mobile app companies like Feedvisor use it to flex the pricing on merchandise to accommodate shifts in market trends. IT Pro Windows calls it, “algorithmic pricing services.”
What’s next for AI? Everything.
True to programming, AI is about first asking the right question and then solving the problem. AI isn’t just a tool in the programming toolkit, it’s one of those big industrial toolboxes with all the drawers that your Dad probably had in his garage. AI is changing how we segment, defining anomalies, and cluster objects, which extends way past personalized product shopping
Beyond retail applications for 2017, watch for more of the VPAs or Virtual Personal Assistant apps that guide users throughout their day. Bigger predictions suggest that all other software types will soon meld with AI.
Part of the appeal of AI is its enhanced predictive analytics, which proponents say will allow everything from better inventory management to increased accuracy in product suggestions.
Forbes says the industry is predicted to hit $3 trillion by 2024.
Which leads to a chicken or the egg question: Is AI a science, an industry, or both?
Evidently, it’s both.
Squareball Studios is a creative company that entitle disruptors, startups, and Fortune 500s to realize their vision through mobile app development, design, and strategic solutions.