At A Glance – Machine Intelligence
Machines are only getting more intelligent…
Machine intelligence refers to the ability of machines to learn without explicit programming. It is another term of reference for artificial intelligence and machine learning, and the ways in which they are applied. These technologies experienced their first hype cycle in the 1950s, but we have now entered a transitional phase in which advanced computational power and neural networks are allowing machine intelligence to realise its potential.
As well as more powerful computing, the availability of quality data in mass quantities has encouraged machine intelligence capabilities to grow at an exponential rate. According to research conducted by McKinsey, technologies that employ machine intelligence (including advanced robotics, automation, and the Internet of Things) will create $50 trillion in global value. Businesses are gradually adjusting to a world of intelligent machines, taking advantage of data driven systems to find new ways of working. In turn, this will lead to the wider adoption of machine intelligence in society.
Machine intelligence is expected to begin outperforming humans within the century, so monitoring its development is becoming increasingly important. One of the major issues surrounding the advancement of machine intelligence is trust. Fortunately a number of organisations are keen to address this. The Machine Intelligence Research Institute (MIRI), for example, is a non profit that aims to create tools to enable the safe and reliable development of AI systems.
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