Covid19’s Global Impact is Increasing Pressure for Automation
Financial experts are predicting that the global cost of the coronavirus pandemic is likely to exceed $4 trillion, and the financial pressure to automate will become astronomical.
Couple this with new preventative health measures where factory and service workers become more distanced and we start to see an even greater case where a fully automated future becomes mission critical.
Rise of the AI Economy
“McKinsey estimates that AI may deliver an additional economic output of around US$13 trillion by 2030. This will mainly come from substitution of labour by automation and increased innovation in products and services.”
45% of current paid activities can be automated by today’s technology
72% of decision makers say AI will enable humans to focus on more meaningful work
Physical & Digital Worlds Rapidly Converging Creates Automation
This phenomena has sparked an evolution in technology where AI can now provide cognitive capabilities to our connected world. IoT devices, sensors, VR / AR, voice assistants, self-driving cars and robotics are quickly giving rise to the automation age and the metaverse used to govern it.
the principle of exponential growth, describing the doubling of the number of components in an integrated circuit approximately every two years.
the principle that the value of a network is proportional to the square of the number of connected users: the more users there are in a system, the more value an individual perceives
Voice the AI Interface
Voice is a convenient, natural, and safe way for people to interact with the autonomous world. Keyboards and touchscreens are being rapidly replaced by speakers and microphones as IoT devices, VR Headsets, gaming consoles, self-driving cars and robotics have become factory equipped with voice assistants.
Voice and the Metaverse
Speech recognition technologies are fueling the evolution of AI’s intelligence by enabling greater capture of data points for machine learning (i.e. sentiment analysis and voice ID biometrics). As voice continues to transcend autonomous technology, the capture of this transactional “metadata” causes the metaverse to grow exponentially in size, intelligence and value.
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Data captured through autonomous commerce drives exponential growth in value over time
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