The AI Economy Is Here

Published on Celestica’s blog

Over the next five years, society will be transformed by advances in machine learning and artificial intelligence (AI). Fueled by data from billions of devices, sensors and endpoints, AI will transform markets, establish new sectors and inject untold value into the global economy.

While this may seem to be a future trend to some, we are already starting to see the impact of AI in our daily lives.  Digital assistants, such as Microsoft’s Cortana and Amazon’s Alexa, are built on highly sophisticated learning algorithms. Cybersecurity and financial applications are also deploying AI to help consumers protect themselves from online hackers, while suggesting investment strategies based on mountains of historical market data.

The world is just starting to scratch the surface of what’s possible with AI, and the future looks bright.  From creating more efficient energy grids and fully autonomous transport networks to solving global challenges such as famine and disease, the potential for breakthrough change with AI is limitless

In the Industrial realm, high-level machine learning and AI will allow connected factories to make smarter supply chain decisions. It will allow smart cities to deliver seamless services to citizens.  Companies will learn and adapt at a pace never seen before. AI allows a factory in Bangalore, India, to learn from a process optimization devised in Edinburgh, Scotland. It sees across grids with thousands of sensors and millions of users to find efficiencies and create solutions to even the most complex challenges.

This evolution is only going to accelerate as we continue to connect our worlds – from our living rooms to our factory floors – and continue our pursuit of working smarter and faster.

In the coming years, we expect AI to enable unprecedented levels of productivity, as machines learn to perform tasks more accurately, efficiently and quickly. We also expect to see advances in other areas as AI is combined with IoT, blockchain, 3D printing, robotics and cloud technologies to innovate in ways that have the potential to disrupt entire industries. And as AI and IoT revolutionize end markets, our customers are going to look to us more and more to act as partners, helping them to harness the power of AI and translate it into real value for their businesses.  As we begin to think about the big questions that will come along with AI, we know at least part of the answer will be deploying customized solutions for the efficient and powerful hardware needed to enable this trend.

Tomorrow’s challenges will be more complex, faster paced and bigger than anything we’ve yet confronted, and our customers rely on our vision and experience to guide them through this complexity.

Click here to watch a video of Celestica’s Jason Phillips and Walter Jankovic, along with some of Techonomy’s community, as they discuss what an artificially intelligent world looks like.

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