We are on the verge of an avalanche of virtual reality and related technology that will transform your life…
I’m not talking just the business world. This technology will affect the quality, pace and structure of daily living for everyone.
Believe it or not, robotic personal assistants at home — particularly for older people — will be common by 2025.
With startling effect, machines will increasingly do the thinking for us.
Big data — a computer’s ability to gather vast amounts of information in complex databases — will be stored in the limitless spheres of Cloud technology.
And the deep learning capability of artificial intelligence software, able to learn from its own mistakes and experiences to improve functionality, will progressively eliminate the need for thousands of tasks now performed by humans.
The marriage of robotics with artificial intelligence/virtual reality technologies has obliterated the ceiling of possibilities…
‘Breeding Robots’, one of my top trends for 2016, will usher in a new era of automated intelligence.
There is virtually no boundary for the application and usefulness of these new technologies.
Robotic and related technologies no longer need to be programmed with explicit instructions.
Those days are gone. This technology learns through trial and error.
And that opens up robotic technology to a world of usages…
Take your office, for example. Sophisticated forms of artificial intelligence are transforming the workplace in ways you may not realise.
Ask most corporate leaders — they’ll tell you that a serious drawback for most employees is their inability to write simply and clearly. But AI technology is making that frustration disappear.
Artificial intelligence can research and write routine documents. The software leaves employees free to tackle more creative work.
A Chicago company called Narrative Science was among the first to give computers the power of the pen — or keyboard.
It’s created a software called Quill. Quill is programmed with the rules of grammar and document construction. The user then outlines rules for Quill on what to look for, what to say and how to say it for different applications. After that, it turns Quill loose on a database.
Quill takes the appropriate guidelines and not only spits out complex data, but does so in a way that, according to Narrative, is ‘indistinguishable’ from human-written text.
For example, Quill can pore over financial data and turn out a company’s quarterly sales reports in clear, simple language.
But the power of digital writers is in analysis as much as in language. So, Narrative Science has crafted a version of Quill that can sift through reports of financial transactions and find clues to money laundering. Investment firms are using it to produce lengthy, in-depth looks at mutual funds’ performances. (This reduces a multi-person task taking weeks to an automated chore taking minutes.)
In a hush-hush project, the CIA is using Quill to gather and analyse foreign intelligence.
Quill isn’t the only program that pumps out AI generated language.
In fact, using similar software from Automated Insights, another entry in the field, the Associated Press has boosted its output of short articles on corporate earnings from 1,200 each year to 12,000.
And, like anyone with a creative streak, automated writing software likes to stretch its artistic muscles.
The programs are being used to write chatty recaps of sporting events, just like you’d find in the sports section from your favourite human reporter. SlamTracker, created by IBM, was designed to gather continuous streams of data from sensors and cameras courtside at
Wimbledon and blast out blow-by-blow tweets and news stories.
For cash-strapped newspapers faced with laying off human reporters, these digital newshounds offer a way to cut costs and stay in business.
It’s just one of many examples of how the ‘Breeding Robots’ revolution enhances your life without you even realising it.
Best of all, this virtual reality and machine learning revolution will spark the investing trend of the decade ahead. And it’s only just beginning.
For The Daily Reckoning
Publisher’s Note: Gerald Celente is founder and director of The Trends Research Institute, author of Trends 2000 and Trend Tracking (Warner Books), and publisher of The Trends Journal. He has been forecasting trends since 1980, and recently called ‘The Collapse of ’09.’