The story of Artificial Intelligence hype has a considerable business history in 2019. AI is increasingly being absorbed into just about every business sector. Once an investment in the future, it is now an optimization of machine learning in the present. What was once a buzzword for an unspecified time carries with it now the hype of the future that is quickly becoming very much the here and now.
Many people don’t know the extent to which Artificial Intelligence is changing the workforce and how it has been an integral part of the history of R&D at companies such as Microsoft. In fact, quite incredibly in 2019 it’s Microsoft that leads the AI patent race.
- There have been over 154,000 AI patents filed worldwide since 2010
- The survey from IFI Claims Patent Services shows a strong uptick in the patent category covering AI, machine learning and neural networks.
- Between 2013 and 2018, the category grew by 34% annually.
Yet tech companies such as Microsoft and Google are also sounding the alarm on the potential dangers of AI in an era of deep fakes, facial recognition software with biases and many other applications with potential dangers.
As of November last year, Microsoft though had filed 697 AI patents identified as important due to their ‘significant competitive advantage’. Out of the top 30 companies listed in the research, Microsoft filed 20% of all patents and is ranked number 1. Microsoft’s approach to AI is rigorous and has a long history.
Microsoft shows the AI Hype is Real
To seek the origins of Microsoft’s interest in artificial intelligence, we have to go back to when Bill Gates founded Microsoft’s research arm in 1991. It’s clear that AI was an area of investigation from the start that’s fast tracked the world we know today. Think about that for a moment, that’s nearly three decades ago.
Indeed from the start, Microsoft Research (MSR for short) hired more than its fair share of computing’s most visionary, accomplished experts and academic talent in the domain. Yet in the last few years up to the present of 2019, AI-based marketing patents are the fastest growing global category, reaching a Compound Annual Growth Rate (CAGR) of 29.3% between 2010 and 2018.
Machine learning dominates the AI patent landscape today, leading all categories of AI patents including deep learning and neural networks and Microsoft is among the leaders in the Cloud, cybersecurity and AI-based digital security patents.
We are just five years into Satya Nadella’s tenure as Microsoft CEO and he has decidedly pivoted the company towards AI and the Cloud. Incredibly, today more than 1,000 computer scientists are in MSR’s employ, as well as at its Redmond headquarters in addition to such global locations such as Boston, Montreal, Beijing, Bangalore and beyond.
You might say that the decade ahead, the 2020s, is the era when artificial intelligence will grow up and while to be sure Hollywood renditions of AI are extreme exaggerations of technology far beyond what we are capable of today, there’s a looming promise of AI’s impact on the global economy for years to come. Essentially AI is attributed to add 1.2% to annual GDP growth over the next decade. That’s an astounding figure, and one that proves that the hype might be justified.
Source : https://www.forbes.com/sites/cognitiveworld/2019/02/25/artificial-intelligence-hype-is-real/#84bfc5e25fab