Top 5 Fascinating AI Trends You Should Know In 2023

The recent rise of investments in Artificial Intelligence technology proves that AI is going to have tremendous growth in the coming years. AI has intervened in all possible sectors. This creates enough buzz and makes companies await new AI trends that could be beneficial for various business operations.

The success of current trends in AI like ChatGPT and DALL E-2 has made us believe that AI advancements are even beyond our imagination. The possible advancements in AI this year is among the most discussed topics. AI has the potential ability to address serious issues such as climate change, food production, fraud detection, healthcare, and many more. We can expect considerable improvements in AI in tackling these critical issues.

In this article, let's discuss the latest trends in Artificial Intelligence that have led to remarkable changes in the technological horizon.

Here are Top AI Trends in 2023 That You Should Look For

Trend 1 - Advanced Natural Language Processing (NLP)

Advanced NLP is the most innovative and pathbreaking AI trend. It is used in applications such as AI chatbots and voice assistants. Natural Language Processing technology is to train machines to understand human language.

In the present world, research and development of AI machines that can understand and interact with humans has increased a lot. By this NLP is going to expand its usage in many domains. The best example of NLP’s potential is Open AI’s GPT-3 model and we also have its latest version GPT-4 in the market.

Trend 2 - Generative AI

The surge in ChatGPT users and the spread of its ability to answer queries in A to Z matters made many other companies follow this AI trend to develop chatbots. The implementation of Generative AI in search engines has enabled accuracy and better performance in generating results.

In 2023, Microsoft released its AI-powered search engine Bing in collaboration with ChatGPT. Google could not stand all these drastic changes and came up with its own AI Chatbot Google Bard with access to only selected users.

Generative AI initiated a series of developments, where some of which are in early developmental stages.

Trend 3 - AI in Improvising Healthcare

AI in healthcare is one of the AI trends solving global issues of medical care for everyone. The Covid-19 pandemic taught us the significance of quality and affordable healthcare. Many smart medical devices that come in handy became an option for common people to monitor their health variables regularly.

AI assists in medical research, performing genomic sequence analysis, maintaining the health history of patients, organizing hospital records, etc.

Current trends in Artificial Intelligence are proving to be effective in monetizing healthcare systems.

Trend 4 - Computer Vision

Computer vision is a prominent technological factor of AI. It refers to a computer's ability to recognize different objects in images and videos. Earlier recognition of objects or movement of objects in low-quality images and videos made it difficult for AI models to predict accurately.

Computer vision is one of the fast-growing recent trends in AI. It has become much advantageous in traffic and accident control, and in recognizing basic human body movements.

Trend 5- Autonomous AI

Artificial Intelligence is navigating the automobile industry to explore AI’s potential in automating industrial processes that could reduce burden on manual labour.

The introduction of AI automated cars, robots and drones has expanded the reach of AI to a wider section of the society. Driverless cars are making the commute easier and safer for everyone.

Automated electric cars are one of the trending AI projects, which includes traffic volume analysis, speech recognition, and optimization of best travelling routes.

End Note

Artificial Intelligence trends are endless and the above AI trends have greater economic growth in the AI market. The other latest trends in AI include Automated Machine learning, AI-enabled conceptual design, Metaverse and AI-based cyber security.

AI is also going to rule the financial market and this is the best time for anyone to invest in AI projects. With increase in AI projects, the demand for artificial intelligence professionals is also increasing yearly. You have to keep updating yourself about AI trends consistently to have a greater industry exposure.

To grab the job opportunities in artificial intelligence, this is the perfect time. Your best option to learn and upgrade your skills in AI is by enrolling in the Advanced Data Science and AI program. The program offers comprehensive learning and live projects to understand real-world applications of AI.