Artificial Intelligence: Everything Everywhere at Once

While AI development traces back to the 1950s, 2023 is a pivotal year in the popularisation of artificial intelligence. The rise of chatbots, especially ChatGPT, prominently marks this shift. Today, AI impacts various industries, including healthcare, finance, education, and medicine, promoting process improvement and resource optimisation.

Let’s delve into an overview of the AI industry, key specialists, and trends for 2024.

What is AI?

Artificial Intelligence is a broad term encompassing computer systems capable of perceiving their environment, acquiring knowledge, and taking actions based on their perception and goals.

There are various AI classifications, and we recommend exploring this one, divided into three categories:
ANI (Artificial Narrow Intelligence) is considered a "weak" form of AI due to its ability to operate within specific parameters and situations, such as speech recognition or autonomous vehicle control.
AGI (Artificial General Intelligence) represents a form of general AI comparable to human intelligence, operating independently and interacting with humans on an equal footing.
ASI (Artificial Super Intelligence) is an artificial superintelligence, potentially surpassing human intelligence; this type of AI does not yet exist.
As of today, all existing forms of artificial intelligence fall under the ANI category, but the development of general AI is anticipated by 2030. Let's not get ahead of ourselves and examine the impact of artificial intelligence in 2023.

AI as the Main Trend of 2023

In 2023, a pivotal shift occurred, making artificial intelligence more accessible to the public, with ChatGPT leading the way. Initially met with scepticism, this chatbot has transformed over the year into a valuable tool in both work and everyday life. It has opened doors for many to experience AI and has become instrumental in helping people tackle a variety of tasks. It marks a significant shift from initial uncertainty to widespread acceptance and seamless integration.
In 2023, artificial intelligence expanded beyond narrow specialisations and became an integral part of various industries; here are some examples of its applications:
  • Мedicine and Healthcare
    AI is used to develop innovative diagnostic methods, predict diseases, and personalise treatments. In January, a group of American researchers presented a deep-learning model capable of assessing the risk of lung cancer through CT scans. 
  • Finance
    In 2023, AI made significant strides in the financial sector, where data analysis and risk prediction systems played a key role in improving decision-making efficiency. For example, American Express adopted artificial intelligence to streamline the credit approval process.
  • Education
    In March, innovative tools like Khanmingo AI were introduced, assisting teachers in preparing lesson plans. Additionally, the accessibility and user-friendly nature of chatbots proved beneficial for students with dyslexia in their learning process.

Top 5 Professions in AI

When talking about artificial intelligence, it’s impossible not to mention the specialists who make it all possible. Here are the top 5 professions in AI for the year 2023.
  • Machine Learning Engineers
    They create and optimise machine learning algorithms for efficient data analysis and the development of intelligent systems.

Case: Finding a Machine Learning Team Lead

The client sought a specialist capable of building project architecture from the ground up and reconfiguring algorithms to fit a new product format. One notable challenge was the requirement for the candidate to possess knowledge of Ruby, alongside the classic Machine Learning languages — or be ready to acquire it. This skill set combination is uncommon in the IT market. Despite this, we successfully filled the vacancy within a month, thanks to the client’s flexibility and the professionalism of our recruiters.

Discover more in the article.
  • Data Scientists
    They analyse data to extract insights for informed decision-making, identifying trends and patterns.
  • Research Scientists
    They conduct research and develop new methods, technologies, and scientific approaches in IT.
  • NLP Engineers
    They work on developing and optimising natural language processing (NLP) systems to create and improve applications capable of interacting with human language.
  • AI Engineers
    They develop, implement, and optimise algorithms and artificial intelligence systems, ensuring their efficient functionality and ability to solve a variety of tasks.

Anticipated Trends for 2024:

  • 1
    AI Becoming Part of Everyday Life
    By 2024, we expect artificial intelligence to become even more ingrained in our day-to-day activities. Hundreds of millions worldwide will rely on AI to handle their everyday tasks, both at home and in the workplace.
  • 2
    Surge in AI Investments
    Experts predict a notable increase in investor interest in AI. In the second quarter of 2023 alone, interest in AI grew fivefold compared to the same period in 2022.
  • 3
    Widespread Integration into Business Practices
    AI is set to find applications across various business sectors, from IT to customer service.
  • 4
    Advancements in AI Capabilities
    Experts foresee the development of AI models that can handle diverse data types, including images, text, and sound. Improvements in AI capabilities are expected, along with the resolution of current limitations and challenges.
  • 5
    Ethical Considerations in AI Usage
    In 2024, there will be a heightened focus on the ethical use of artificial intelligence. Developers and businesses will have to create applications and programs that align with ethical standards.
It’s safe to say that artificial intelligence will continue to be a key technology in 2024, with AI experts in demand across various industries.

If you're looking for IT specialists in artificial intelligence (and other industries), contact Lucky Hunter. We can help you find the perfect match. Just fill out the form, and we'll reach out to you soon.

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