Tuesday, January 11, 2022

g-f(2)805 The New World (1/11/2022), msn money, The National, Artificial intelligence to influence top tech trends in major way in next five years


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AI to influence top tech trends in major way in next five years


    Artificial intelligence will be the common theme in the top 10 technology trends in the next few years, and these are expected to quicken breakthroughs across key economic sectors and society, the Alibaba Damo Academy says. The report was compiled after analysing millions of public papers and patent filings over the past three years and conducting interviews with about 100 scientists.
      1. Cloud-network-device convergence
      2. AI for science
      3. Silicon photonic chips
      4. AI for renewable energy
      5. High-precision medicine
      6. Privacy-preserving computation
      7. Extended reality
      8. Perceptive soft robotics
      9. Satellite-terrestrial integrated computing
      10. Co-evolution of large and small-scale AI models


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      ABOUT THE AUTHORS


      Alvin R. Cabral


      Alvin R. Cabral writes copiously for The National.




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      1. Cloud-network-device convergence
        • The rapid development of new network technology will fuel the evolution of cloud computing towards a new system called cloud-network-device convergence.
        • The global cloud computing market is projected to grow to $947.3 billion by 2026, from $445.3bn in 2021, according to data platform Markets and Markets, with adoption set to increase in sectors where initiatives to work from home are prevalent.
      2. AI for science
        • AI would be a boon to scientists, with Alibaba Damo saying it will replace computers as the main production tool in scientific discovery, helping to improve efficiency in each phase of the research process – from the formation of initial hypothesis to experimental procedures and the distillation of experimental findings.
        • The global scientific research and development services sector is, unsurprisingly, a big market. The sector is forecast to grow to $822.49bn this year and $1.3 trillion by 2026, from $725.56bn in 2021, data provider ReportLinker says.
      3. Silicon photonic chips
        • The rise of cloud computing and AI will drive the rapid development of silicon photonics technology and demand. The widespread use of the chips is expected in the next three years.
        • Research company Markets and Markets predicts that the market will grow to $4.6bn by 2027, from $1.1bn in 2021.


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      4. AI for renewable energy
      • Alibaba Damo said the application of AI in the industry is critical and indispensable in capacity prediction, the scheduling of optimisation, performance evaluations, failure detection and risk management, all of which translates into improving the efficiency and automation of electric power systems and maximising resource use and stability. It would also be a key factor for achieving carbon neutrality.
      • A recent report by Allied Market Research said the global renewable energy market, which was worth $881.7bn in 2020, is expected to reach about $2tn by 2030.
      5. High-precision medicine
      • The medical world is already reaping the advantages of AI. For example, using AI in the early screening of breast cancers can reduce the false negative rate by 5.7 per cent in the US and 1.2 per cent in the UK, Alibaba Damo said, citing country statistics.
      • The global precision medicine market is poised to grow to $118.32bn by 2025, from $72.58bn in 2021, driven by companies resuming their operations and adapting to the new normal while recovering from the effects of Covid-19, according to ReportLinker.
      6. Privacy-preserving computation
      • Research company Gartner says that by 2025, half of large organisations will introduce privacy-enhancing computation for processing data in untrusted environments, while professional services company Accenture said its techniques will be critical to effective, safe and secure data sharing.
      7. Extended reality
      • The development of technologies such as cloud-edge computing, network communications and digital twins brings extended reality – the combination of real and virtual worlds and human-machine interaction – into "full bloom", Alibaba Damo said.
      • XR glasses aims to further develop immersive mixed reality Internet. 
      • The XR market was valued at $27bn in 2018 and is expected to hit $393bn by 2025 at a healthy compound annual growth rate of 69.4 per cent, according to data provider Market Research Future.
      8. Perceptive soft robotics
      • Perceptive soft robots are flexible, programmable and deformable, and are empowered by advanced technologies such as flexible electronics and pressure adaptive materials. This enables them to handle complex tasks in various environments.
      • AI further enhances their perception system, making them smarter and applicable to more industry functions such as for surgeries in the medical field.
      • The soft robotics market, still in its early stages, was valued at $1.05bn in 2020 and is expected to reach $6.37bn by 2026 at a CAGR of 35.17 per cent, according to Mordor Intelligence.
      9. Satellite-terrestrial integrated computing
      • Satellite-terrestrial integrated computing, Alibaba Damo says, creates a system that integrates satellites, satellite networks, terrestrial communications systems and cloud computing technologies, enabling digital services to be more accessible and inclusive across Earth.
      • The global satellite communication market was valued at $65.68bn in 2020 and is expected to hit $131.68bn by 2028, according to data provider Verified Market Research.
      10. Co-evolution of large and small-scale AI models
      • Future AI is shifting from the race on the scalability of foundation models to the co-evolution of large and small-scale models via clouds, edges and devices, which is more useful in practice.
      • In the co-evolution paradigm, foundation models deliver the general abilities to small-scale models that play the role of learning, inference and execution in downstream applications, Alibaba Damo said.
      • The global AI market was valued at $62.35bn in 2020 and is seen to expand at a robust CAGR of 40.2 per cent from 2021 to 2028, according to Grand View Research.
      • Continuous research and innovation directed by technology giants are driving the adoption of advanced technologies in industry verticals, such as automotive, health care, retail, finance and manufacturing, but AI has brought technology to the centre of organisations, it said.


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      • Category 2: The Big Picture of the Digital Age
      • [genioux fact deduced or extracted from msn money + The National]
      • This is a “genioux fact fast solution.”
      • Tag Opportunities those travelling at high speed on GKPath
      • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
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        • Inherited from sources + Supported by the knowledge of one or more experts.


      References


      “genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)805, Fernando Machuca, January 11, 2022, blog.geniouxfacts.comgeniouxfacts.comGenioux.com Corporation.


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