The popularity of Artificial intelligence (AI) is growing at a rapid pace, especially after the pandemic. Hence, disruptive technologies such as robotics, Virtual Reality (VR), Virtual Worlds, or Artificial Intelligence (AI) are completely changing the way we used to live! Though AI is yet to touch the sky.
However, you might have come across AI technologies even today. A perfect example of AI technology is virtual assistants like Alexa, Cortana, or Siri. In Malaysia, almost all industries are able to incorporate AI for their own benefit.
McKinsey reported that around 50% of the work time in Malaysia is spent on doing tasks that are highly automatable. Therefore, the impact of AI is evident.
In Malaysia, AI alone is able to create 6 million new jobs by 2030. Thus, there is a need for long-term planning in order to execute AI technologies and to create new skill sets so that they are inculcated as the demand arises!
So, let’s have a look at the top 20 AI trends leading Malaysia into the future. Here we go!
- Collaboration of AI and Cloud
AI is all set to play a very important role in the adoption of cloud services in the coming years. Through AI technology, it will become easier to monitor the cloud applications and keep a thorough check on the available amount of data, no matter how big it might be. AI and the cloud will collaborate even more.
- IT and AI Solutions
AI solutions for the field of IT would increase in the coming years. AI solutions through which identifying the IT problem becomes easy while rectifying it thereby will see a surge in development. It will help in reducing downtime. Moreover, the organization would be able to spend most of its time in activities that are actually quite complex and require human intervention.
- AIOps Solutions to become extremely Popular
Due to the growth in the IT industry, the complexities of the systems have increased a lot. Therefore, the vendors are asking for platform solutions that would combine more than one monitoring discipline, for example, infrastructure, applications, or networks. IT teams would be able to redefine their processes in a better way through AIOps solutions. As AIOps solutions are incorporated, more and more cross-team coordination would be there to be seen!
- AI to Assist in Structuring of Data
Structuring of data is always an issue, especially when you are dealing with a large amount of data. So, machine learning processes or robotics would definitely delve in here to make the lives of Malaysians easier than ever. With the help of AI, you will forever forget the hassle of unstructured data.
- AI and the Growing Need for Workers
As AI is rapidly growing in terms of popularity, the skillset is missing from Malaysia. Although universities are introducing courses for AI. Yet there is a huge gap to fill due to excessive demand for skillful workers. Therefore, the government of Malaysia should launch several programs to help curb the need for an AI workforce.
- IT Industry and Adoption of AI
Within the IT industry, there has been rapid adoption of AI technology. In the near future, AI will be used on a large scale in the IT industry. Through AI, a company would be able to generate ROI in real-time. Hence, the companies would be able to see their progress in real-time which is one of the biggest successes for AI technology.
- AI Ethics on Focus
In the coming few years, AI would be used to fight against major worldwide problems, ensure economic growth, and stimulate diversity. As AI ethics are in focus, the major problems for the companies are transparency of data and fairness of algorithms.
- Augmented Processes to become a Reality
Augmented processes have already shown a glimpse of it. However, there is still a bigger picture out there. Hence, companies would go one step ahead in optimizing their augmented businesses. Through AI, software development processes could be made easier as well. Fostering a data-driven culture is very important for sustainable AI practices. Moreover, this trend is here to rule!
- AI to Become More Clear
Though AI has seen its heights. Yet a few people find it quite hard to understand the diverse subject of AI. Nonetheless, in the coming future, AI would become more explainable through a variety of modules and theories. As more and more universities would offer courses related to AI, the subject would become easier to acknowledge.
- Voice-Oriented and Language-Oriented AI
Voice-oriented and language-oriented AI is seen in the form of customer care. It is bound to increase its depth, delivering high-quality solutions regarding a wide variety of issues without the need of any human.
- AI and Security
Security issues have been increasing like a wildfire. AI is the answer to all the worries. AI technologies have been implemented on voice and face recognition methods in order to make the technology more and more secure. AI security is able to eliminate all sorts of security breaches.
- AI and Real-Time Video Processing
AI ensures minimum latency and high-speed video processing through which streaming achieves a whole different level. In times to come, AI would surely improve here! Real-time video processing takes a lot of time and errors occur quite often. But now all the pains related to real-time video processing would vanish. Just rely on AI technology and you will never be disappointed.
- AI for Content Creation
There have been a number of AI tools through which you are able to gather ideas for your next content strategy. Moreover, there have been AI tools through which you get an entire piece of content, fully customized according to your needs and requirements.
- AI and Chatbots
Chatbots have partially eliminated the need for humans, thanks to such powerful response of the AI. Modern AI models are able to generate text, speech, and even video. Chatbots are designed in such a way that they try to understand the problems of the people and supply an apt answer. In most cases, the chatbots correctly answer the question. Nonetheless, the technology will improve.
- AI and Inspection
The latest trend in AI in Malaysia is computer vision inspection. The AI technology ensures to check the products in order to find any minor or major faults in them in terms of quality standards and security compliance. The task of inspection is quite hard for human beings. Therefore, you must take advantage of the technology and give the credit where it is due!
- AI changing the Medical Industry
The medical industry is rapidly developing and AI is coming into play. AI-driven solutions help a lot in CT scans, lab scans, tests, prescribing medications, and in a number of other important objectives. During covid-19, AI worked flawlessly in assisting the on-site doctors. It analyzed threats and rendered quality solutions to make things work!
- Diversity in AI
AI has become extremely diverse. Still, there is a long way to go. There is no such gender or racial bias in AI. Every person from every part of the world is equally contributing their best efforts to AI. Moreover, the diversity in AI would only increase as the impact of AI would cross different borders.
- No-Coding AI Platforms
No-coding AI platforms have enabled small companies to acquire powerful technologies that were earlier only available to big companies. Developing a code takes a lot of time in writing it and then rechecking it in case of any error. However, no-code platforms have made life easier as everything happens fairly quicker than ever without any hassles. Moreover, the cost is also quite meager.
- AI and Cybersecurity
Cybersecurity has become a huge issue as technology is maximizing. Hacking is an inevitable problem that grows more and more. AI is playing a huge role in eliminating cyber threats by constantly analyzing the traffic, recognizing patterns, and developing smart algorithms to tackle all the cybersecurity issues. However, the problem is not fully resolved. But in times to come, the hope will only grow!
- AI and Autonomous Vehicles
Vehicles are also becoming smart and powerful as they no longer require the need of any human driver. cars are now becoming autonomous, thanks to AI technology. Earlier you needed a driver to drive the car and concentrate on the road. Meanwhile, he/she was not able to do anything else.
Nonetheless, nowadays there has been an influx of autonomous vehicles that are driven on their own.
And don’t worry, such cars would also save you from accidents, all thanks to AI technology.
The Bottom Line
Such AI trends have been coming into play in Malaysia and in every other part of the world. There is no stopping it. The AI trends would only increase with time and there is no doubt about that. So, while having a look at all these current trends, do let us know if you are already looking forward to the future or not?