Artificial Intelligence: The Future of Industry

We take a look at the current state of AI and what it holds for us all

It can be said that Artificial Intelligence and machine learning are a huge deal. Some artificial intelligence and IT experts think that by 2037, automated robots and algorithms could take over around 40% of jobs carried out by humans within the world today. That’s a staggering estimate.

One thing’s for sure: the subject of Artificial Intelligence is a hot one in today’s modern computing world. Companies are reaching for more machine learning solutions, if they don’t always understand them. This, in turn, pushes the demand for new machine learning methodologies, encompassing tools, scripts and software, to a whole new level.

Indeed, machine learning tools have been increasingly made available to vendors within the translation industry, and companies often develop their own software to cut costs further. Of course, a human would need to proofread the text later, but as machines are learning better (through human input), the need for these checks will become less and less.

Gartner, a technological research and consulting firm based in Stamford, Connecticut, also estimates that by next year 20% of companies will dedicate specialised workers to monitor and drive neural networks. It’s certainly a growing industry.

Whilst this could arguably adversely affect the entry-level positions in the computer industry, it has a positive effect on the industry as a whole, meaning exciting breakthroughs are sure to come.

Leading the way in the form of the ratings industry, we at RealRate believe that artificial intelligence rating service sets us apart from the industry standard. We analyze companies and inform clients and brokers, because financial strength determines future returns and service levels. Providing explainable results based on Artificial Intelligence. The RealRate seal is used to build customer trust, strengthen your brand and grow your business.

Indeed, the recent 2022 U.S. Computer rankings nicely ties into this: