EMERGING TECHNOLOGIES, AI/ML

Emerging Technologies at present, in the near future

January 4, 2021

Introduction

For the last 5 years or so, huge amounts of money and efforts are being raised or invested in several tech fields. We can see how the number of websites and companies have turned from dozens to thousands within a short period of time.

Based on my experiences and the understanding of data available in technological affairs around, I will be sharing my thoughts on the technologies that are evolving and growing rapidly. And those of course are – Artificial Intelligence, Blockchain, Big Data, the Internet of Things, and Augmented Reality.

Artificial Intelligence

AI has entered everywhere in our lives and it is unstoppable. We depend on machines for the majority of our decision-making activities. AI works for making computers a super-intelligent device, a human can think of. The idea is about making any process faster, accurate, sensible, and avoiding human errors (Probably because Chitti don’t have emotions).

AI can be read, understood, and executed with the help of many online sources. The general understanding of AI is making the machine think and learn like humans from past events and make a better execution the next time. Machine Learning is a practical implementation branch of AI in which we make machines learn. Just like the way we program a child at an early age by feeding a good amount of vitamins, protein carbs, etc., and after a certain time, they will become capable enough to think and execute themselves. In the same way, we feed a lot of data to machines, and it starts predicting the solution by learning eventually.

Basically, AI indulges into the rest of the technological world in its unique way as I am writing this.

Blockchain

We’d have heard about Blockchain when we relate it to keywords like banking & finance, transportation, business, etc. Before we discuss how the Blockchain system works, let me tell you about the existing system we live in.

A system or setup which typically works as a high-level surface with a multi-layer structure, underneath which we live. Certainly we touch some of its layers, or we may think that we can’t go beyond this.

Those layers start with our comfort zone, then our society where we live, next to this is economical, then political, Religious/cultural, then Physics (My favorite), and lastly our race towards Almighty.

All these works under certain rules. Thus, it is a centralized mechanism, the very safe one the human thinks so far. Breaking these rules are crimes at different scales, depends on what sort of damage we execute. It is made, refined, revived, and dormant time by time-based on the need of the world. We don’t even discuss these systems until we are capable of holding them with patience and a state of mind because it may be destructive. Because, generally the solutions and the risk is attached to every decision we make. The very confident and intelligent among the society or a family should make the decision, as per the rule.

Now, when the social life entered into the online world, there must be solidarity, and then to counter the problems and taking the responsibilities of these social media world, who would take that risk?

It has only to be the machines, isn’t it?

Now coming to Blockchain, it operates for our economical system or layer. Economy can be directly relate to the money for our sake of understanding. By money we understand the some papers printed by govt and/or reserve bank over the exchange of the gold that our country has as belonging to world bank. This cash money is worth nothing for the banks. For example, the IT engineers collecting, managing and distributing data, from a consumer to the other over the platforms or websites, but they don’t have any use of it (until clients do not release the fund :p).

This liquid money is just a part of the system we talked about earlier. Other than to be used by the people buying and selling some stuffs, the very cash is a paper with no information neither passing through nor being collected. If you ask about the serial number, it is just to identify the currency is unique and not fake, you remember the rules associated with each layers, to make the world on the go?

As we look at the other options of money, we encounter with checks, cards, digital wallets, Online mediums. These seems collecting some useful information of the transactions which is helpful for the economical system.

Blockchain is breaking this economic system ethically and unethically. We must have heard about cryptocurrency (i.e. Bitcoin) been very well known in recent past, there are many more we might not have noticed. My understanding is that this is a parallel currency with so much information in each transactions. Looks like very ethical, but still it breaks the free-flow of end-to-end transaction. That’s why it is called Blockchain technology. Just understand like, you are paying money with all information collected, the receiver then gets the money along with the same information. But the source and destination may not have only one single chain, instead sent money will be distributed in numerous nodes in many of the chains and the receiver will collect it from different nodes and chains of it, which are unknown.

It seems ethical when we see the information with all the money is being passed to end consumer, but in other way the process bothers us if it is safe or not (Well, until we learn it very well, we must sense it with the concept of Sankhya yoga from Bhagwadgeeta).

Big Data

It is exploiting like an atom bomb, we are trying to hold and making use of it for predicting market, customer interaction, learning about people sentiments, social movements, gathering information to help us in surveys or fundraising. Even human data and memory are being stored in digital platforms in a huge amount.

There is a large competitive market around the world made possible because of big data. There are equally pros and cons about the big data told by many experts, still much useful in predictions and managing the consumer needs at very large scale. Big data have both structured and unstructured type of data based on the principles to study around it.

The experts who work and explore in the big data industries, are called data scientists.

Now a days, even a small tweet is enough to gather thoughts of people around the world, it may not an accurate prediction of an issue or a need because a lot of people still away from this social media world. Because of big data, there are ways to decide what would be the next step the world is moving.

The very need to initiate a work, we call for an expert or an experience holder, who are non other than the people who have knowledge about the subject. It is possible when they have a lot of data in the mind by putting years of practice into the subject. They write, make use and share the data in the form of structured data. In other way, people spread a lot of unstructured data over the internet, which industries sell us back. In a way, we are buying our own thoughts, ideas, life-styles, energy etc. in material sense, isn’t it?

IoT

It is exploiting like an atom bomb, we are trying to hold and making use of it for predicting market, customer interaction, learning about people sentiments, social movements, gathering information to help us in surveys or fundraising. Even human data and memory are being stored in digital platforms in a huge amount.

There is a large competitive market around the world made possible because of big data. There are equally pros and cons about the big data told by many experts, still much useful in predictions and managing the consumer needs at very large scale. Big data have both structured and unstructured type of data based on the principles to study around it.

The experts who work and explore in the big data industries, are called data scientists.

Now a days, even a small tweet is enough to gather thoughts of people around the world, it may not an accurate prediction of an issue or a need because a lot of people still away from this social media world. Because of big data, there are ways to decide what would be the next step the world is moving.

The very need to initiate a work, we call for an expert or an experience holder, who are non other than the people who have knowledge about the subject. It is possible when they have a lot of data in the mind by putting years of practice into the subject. They write, make use and share the data in the form of structured data. In other way, people spread a lot of unstructured data over the internet, which industries sell us back. In a way, we are buying our own thoughts, ideas, life-styles, energy etc. in material sense, isn’t it?

Augmented Reality

AR: (Augmented Reality) is my most favorite topic among the all. We are already aware of Virtual reality in which get you out of this physical world and let you into some different world. You might wear some device over eyes, ears and sometime bind devices to other parts of the body.

But augmented reality is more advanced to this. It makes your physical world merged into that imaginary world of virtual reality at the extent that you might get confused what is real and what is not. Google alike companies already being seen using it, i.e. with phones cameras to show some extra characters or animations appearing in screens. Based on the Wiki definition – “Augmented reality (AR) is an interactive experience of a real-world environment where the objects that reside in the real world are enhanced by computer-generated perceptual information, sometimes across multiple sensory modalities, including visual, auditory, haptic, somatosensory and olfactory.”.

I can give many examples that you are surrounded by many AR technologies already. Film Industry already brought amazement and fooled us many times through AR in the recent movies. Those were on screen and post production stuff, not real time experiences but some Hollywood movies like 2001- A.I. Artificial Intelligence, Marvel’s Iron Man, Spider man- far from home, made us believe that the R&D teams around the globe already achieved lot of success to make it our earliest future experience. In future we may meet a person who in Computer AR generated and bluff our emotions before we know. In fact, have you ever suspect the world you are living in, is an AR or inception or matrix or a dream you may anytime just fallout of..ever experienced that I have visited this place or met someone before.. which you never did actually. Or a situation in which, you would probably know what would happen in the next moment..(don’t worry it was just a spiritual thought).

In near future, we can be multiple or can be in multiple places at the same time…

sounds like 7 horcrux out of the soul of Voldemort kept aside of the body in some places only he knows.. (you won’t get it if you are a muggle :p)

Conclusion

To achieve success and that too at very first in a time, people compromising their social life at very extent. It is totally cut-throat competition going on. Today there are big fish in the Tech market have already spread their tents on the ground. What we practice is mostly what tools they provide to us. In a sense, it is micro AI within a frame. These can be utilized to build small business solutions, task-based applications… and ahead of it we have tools to utilize, learn, convert based on needs, and to setup our own environment or tool. Many companies still can not afford a whole bunch of AI team. It brings an advantage to the big players but small companies still have to manage groups, collaborators, dense time and hard work.

Today there is ASI (Artificial Super Intelligence) which suppose to work with intellectual powers beyond those of humans across most comprehensive range of categories and fields.

Blockchain helps us for Predictions, Wealth management, Decentralization. It is the solution to bring AI and Big Data together to find a way that how to utilize the data. A Very small example- chatbot is based on the information and communication with customer, is a solution to avoid the very common and repeated questions to come to executive company service provider group, they decentralize and categorize it to make the better service in a very short period and intelligent way.

There are many other tech fields exists. We might think of Robotics, Communication Technologies, Transportation, Power/Energy Sector, they already being covered for their features and core idea into the above technologies.

Everything that operates in the universe, seems to be in under certain rules and patterns if we see around. So why not we obtain strategies to make it better, seamless and accurate with these transcendent ways of the science.