Adopting the right tech has been instrumental in sustained business success in 2021. Pete Hanlon proposes several game-changing technologies in 2022.
Chief Technology Officer for Moneypenny, Pete Hanlon, suggests several technologies that might change the business landscape in 2022.
1: Computers will better understand people
Over the past couple of years, tech companies such as Facebook, Google, and OpenAI have released complex models to power Artificial Intelligence systems. These language models they provided are the basis for much of today’s progress. This progress allows computers to extract meaning from the text.
For example, language models such as ELMo released in 2018 had around 95 million parameters. You can imagine a parameter as a neuron in the human brain. Today there are models such as Megatron with 530 billion parameters (NVIDIA). Besides that, the upcoming GPT-4 model from OpenAI has around 100 trillion parameters. For a better understanding, we can say that the human brain has 86 billion neurons.
As these models grow, they can pick up more information about how people design language, the connection, and the meaning of words. The result will be that computers will understand people better.
Other important features
2: AI will become Explainable
As AI systems and Deep Learning prototypes become more complex, explaining how systems make predictions is challenging. It’s almost impossible to explain why a complex model gave a detailed prediction and, at the same time, make it understandable to humans.
To trust AIs that drive cars, people need to understand the processes they went through to be able to predict. He said this to be a field of research that will improve over the next year.
3: Mass adoption of no-code / Low-code platforms
More recent low-code, no-code platforms allow people with no programming background to write computer programs.
After working with an Excel spreadsheet, you can also develop complex solutions using these platforms. He expects the mass adoption of this technology.
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