Artificial intelligence (AI) is so last year, according to some experts.
Scientists at MIT this week claimed a breakthrough in how human intuition can be added to algorithms. And in a separate, unrelated report, Deloitte Consulting is chastising the business community for not comprehending fully that new, cognitive computing technology should be exploited.
“Artificial intelligence is only the beginning,” researchers write in a Deloitte University Press article about Deloitte's February study.
“Advanced cognitive analytics” is just one of the “fast-evolving” technologies businesses need to get a handle on, they say. A kind of artificial intuition and cognition through algorithms is one part of that machine intelligence (MI). Notably, it’s not AI. MI is more cognitive and mimics humans, the firm explains, while AI is simply a subset of MI.
“To focus on AI is to miss the forest for the trees,” writes Blaise Zerega in a VentureBeat article about the Deloitte report.
MI includes machine learning, deep learning and cognition, among other tools like Robotics Process Automation (RPA), and bots. Deloitte says the time is ripe to latch on to umbrella-term MI and stop single-mindedly concentrating on apparently one-dimensional AI.
It cites reasons that include data growth for making it all possible finally. The consulting firm says collected data doubles every year now, and it will reach 44 zettabytes by 2020.