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Artificial intelligence is all the rage, and theres good money to be made in an industry thats still largely emerging from its infancy. But, the problems that AI solves are not easy, and to work in the AI industry you will need a strong and focused set of skills.

Heres the good news: We live in a society where a shocking number of people would rather have a robot boss than a human one. We would rather be led by machines.

This means that most of us are accepting of the idea of artificial intelligence, or AI.

In many sectors, machines have already taken over monotonous jobs. Manufacturing is a prime example. Auto and aerospace manufacturers use machines heavily in their assembly lines. In fact, machines completely transformed the way that our cars are built.

Artificial intelligence isnt just a fad. Its here to stay.

And, that means the industry will need a skilled workforce to build, test and deploy more and more artificial brains around the world. Get in early and youll stand to make a lot of money.

Not to mention help change the world.

If you are interested in a career in artificial intelligence, then youre in the right place.

Artificial intelligence attempts to mimic (and surpass) the power of the human brain using nothing but machines. Machine learning is another common term in AI.

The primary goals of artificial intelligence are:

Artificial intelligence attempts to build machines that think and reason rather than operate in a relatively confined space with pre-built routines, procedures and outcomes. Smart AI systems recognize patterns and remember past events and learn from them, making each subsequent decision smarter, logical and more organic.

AI is a giant paradigm shift in modern computing and requires a deeply scientific and logical approach to design computer systems that think and learn. In other words, build robots that arent just robots.

And believe it or not, AI capabilities are all over the place.

A few examples of artificial intelligence systems include speech recognition (available on many cell phones and smart home devices), email spam blockers, plagiarism checkers, language translation services (like Google Translate) and the auto-pilot system on airplanes.

Companies like Google, Microsoft, Apple, Amazon, Facebook, Accenture, Boeing and so many others are hiring for artificial intelligence roles. AI salaries are typically higher than average because good AI talent can be hard to find.

Artificial intelligence is everywhere in society, and the industry is growing rapidly in 2020. Here is exactly what you need to know to pursue a career in AI.

Artificial intelligence is highly scientific. After all, mimicking the human brain using machines is a very tough problem to solve, much less master. The skills that you will need to pursue AI as a career are varied, but all of them require a great deal of education, training and focus.

That said, there is a wide variety of career types available in AI and machine learning, and they range from higher-level research to low-level programming and implementation.

For example, researchers use their breadth of knowledge in theory and study to reveal new types of systems and capabilities. Researchers hypothesize new or different ways for machines to think and test their research for real-world feasibility.

Algorithm developers take AI research and transform that research into repeatable processes through mathematical formulas that can be implemented using hardware and software.

Software developers and computer scientists use those algorithms to write sophisticated pieces of software that analyze, interpret and make decisions.

Hardware technicians build pieces of equipment (like robots) to interact with the world. Robots use its internal software to move and operate.

Most careers in artificial intelligence require coursework and experience in a variety of math and science-related topics like:

Want a career in AI? Then read. A lot.

Read papers and case studies. Experiment with technologies like Map-Reduce, PHP, MySQL, Postgres and Big Data, especially if you are targeting a computer science-related career in AI. Expose yourself to as many technologies as you can.

Pro tip: Browse through AI job opportunities. Read the job descriptions and especially the requirements to get a feel for specific qualifications that you need for that job.

For example, some might need experience in low-level programming languages like Python or MatLab. Others, especially in the healthcare industry, need expertise in data services like Spark and Blockchain.

Regardless of the type of job that youre after in artificial intelligence, there is no better way to figure out the exact skills you need than to read job requisitions and stay as up-to-date in the industry as possible.

Use the Job Search tool here on The Ladders to find AI and machine learning jobs.

Though the types of careers in the AI industry are varied, most professionals in AI possess five key skills and capabilities, regardless of their individual roles.

Most AI professionals:

Are highly critical thinkers. They take nothing at face value and are naturally curious. They believe in trial and error and must test and experiment before making a concrete decision.

Like to push the envelope. AI is all about pushing the boundaries. Pegging the capabilities of hardware and software to their max, always looking for more. More ways to improve existing systems. More ideas for inventing new ways to live.

Live naturally-curious lives. Always wanting to know more, artificial intelligence pros want to know how things work. They dont just look. They observe. They dont hear. They listen.

Dont get easily overwhelmed. They understand that artificial intelligence is highly technical, but also realize that venturing into uncharted waters is difficult and mysterious. They enjoy the process rather than getting frustrated by it.

Love math and science. AI is highly technical and its a natural good fit for those who are gifted and interested in hard sciences and mathematics.

Artificial intelligence is not just about replacing the human component of the industry. Its also about making it easier to make decisions based on observable patterns, use logic and reasoning to form conclusions and build pathways to boost efficiency and production.

It is not an easy discipline, but thats also why salaries in the AI industry are much higher than average. It takes the right type of person with the right skill set to excel.

Are you the type of person whos right for a career in AI? If you have many of these skill sets, then you just might be.

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These are the exact skills you need to get a job in artificial intelligence - Ladders

SAN FRANCISCO, Feb. 5, 2020 /PRNewswire/ -- The global artificial intelligence marketsize is expected to reach USD 390.9 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 46.2% from 2019 to 2025. Artificial Intelligence (AI) is considered to be a revolutionary technological development and its integration across a host of applications is one of the key factors driving this market. Advances in image and voice recognition are driving the growth of the regional market. Improved image recognition technology is critical in enhanced drones, self-driving cars, and robotics.

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Read 100 page research report with ToC on "Artificial Intelligence Market Size, Share & Trends Analysis Report By Solution, By Technology (Deep Learning, Machine Learning), By End Use (Advertising & Media, Law, Healthcare), And Segment Forecasts, 2019 - 2025" at: https://www.grandviewresearch.com/industry-analysis/artificial-intelligence-ai-market

The two major factors fueling market growth are emerging Artificial Intelligence technologies and growth in big data espousal. Rising prominence of Artificial Intelligence is enabling new players to venture into the market by offering niche application-specific solutions. Furthermore, companies are engaging in industry consolidations in a bid to gain competitive advantages. For instance, in January 2017, Microsoft Corporation acquired Maluuba in order to advance in the deep learning and AI landscape. Existing solution providers are innovating their product portfolio to include both hardware and software solutions.

North America held the dominant share in the global AI market in 2018 thanks to the availability of high government funding, presence of leading players, and strong technical base. Asia Pacific, however, is anticipated to overtake North America to emerge as the leading regional market by 2025, registering the highest CAGR. This can be attributed to rapid improvements in information storage capacity, high computing power, and parallel processing, all of which have contributed to the swift uptake of Artificial Intelligence technology in end-use industries such as automotive and healthcare.

AI has the potential to reduce the burden on clinicians and provide an efficient tool to workforces for accomplishing their tasks in a better way. For instance, AI voice-enabled symptom checkers can better access a situation and assist patients to the emergency department when immediate treatment is required. Artificial Intelligence is expected to resolve around 20% of unmet healthcare demands.

Grand View Research has segmented the global Artificial Intelligence market based on solution, technology, end use, and region:

Find more research reports on Next Generation Technologies Industry, by Grand View Research:

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:Sherry JamesCorporate Sales Specialist, USAGrand View Research, Inc.Phone: +1-415-349-0058Toll Free: 1-888-202-9519Email: sales@grandviewresearch.comWeb: https://www.grandviewresearch.comFollow Us: LinkedIn| Twitter

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SOURCE Grand View Research, Inc.

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Artificial Intelligence Market Size Worth $390.9 Billion by 2025: Grand View Research, Inc. - Yahoo Finance

For Immediate Release: February 07, 2020

Today, the U.S. Food and Drug Administration authorized marketing of software to assist medical professionals in the acquisition of cardiac ultrasound, or echocardiography, images. The software, called Caption Guidance, is an accessory to compatible diagnostic ultrasound systems and uses artificial intelligence to help the user capture images of a patients heart that are of acceptable diagnostic quality.

The Caption Guidance software is indicated for use in ultrasound examination of the heart, known as two-dimensional transthoracic echocardiography (2D-TTE), for adult patients, specifically in the acquisition of standard views of the heart from different angles. These views are typically used in the diagnosis of various cardiac conditions.

Echocardiograms are one of the most widely-used diagnostic tools in the diagnosis and treatment of heart disease, said Robert Ochs, Ph.D., deputy director of the Office of In Vitro Diagnostics and Radiological Health in the FDAs Center for Devices and Radiological Health. Todays marketing authorization enables medical professionals who may not be experts in ultrasonography, such as a registered nurse in a family care clinic or others, to use this tool. This is especially important because it demonstrates the potential for artificial intelligence and machine learning technologies to increase access to safe and effective cardiac diagnostics that can be life-saving for patients.

According to the Centers for Disease Control and Prevention, heart disease is the leading cause of death in the United States, killing one out of every four people, or approximately 647,000 Americans each year. The term heart disease refers to several types of heart conditions. The most common type is coronary artery disease, which can cause heart attack. Other kinds of heart disease may involve the valves in the heart, or the heart may not pump well and cause heart failure.

Cardiac diagnostic tests are necessary to identify heart conditions. Among them are electrocardiograms (more widely known as an EKG or ECG), Holter monitors and cardiac ultrasound examinations. The software authorized today is the first software authorized to guide users through cardiac ultrasound image acquisition. The Caption Guidance software was developed using machine learning to train the software to differentiate between acceptable and unacceptable image quality. This knowledge formed the basis of an interactive AI user interface that provides prescriptive guidance to users on how to maneuver the ultrasound probe to acquire standard echocardiographic images and video clips of diagnostic quality. The AI interface provides real-time feedback on potential image quality, can auto-capture video clips, and automatically saves the best video clip acquired from a particular view. Importantly, the cardiologist still reviews the images for a final assessment of the images and videos for patient evaluation.

The Caption Guidance software currently can be used with a specific FDA-cleared diagnostic ultrasound system produced by Teratech Corporation, with the potential to be used with other ultrasound imaging systems that have technical specifications consistent with the range of ultrasound systems used as part of the development and testing.

In its review of this device application, the FDA evaluated data from two independent studies. In one study, 50 trained sonographers scanned patients, with and without the assistance of the Caption Guidance software. The sonographers were able to capture comparable diagnostic quality images in both settings. The other study involved training eight registered nurses who are not experts in sonography to use the Caption Guidance software and asking them to capture standard echocardiography images, followed by five cardiologists assessing the quality of the images acquired. The results showed that the Caption Guidance software enabled the registered nurses to acquire echocardiography images and videos of diagnostic quality.

The FDA is dedicated to ensuring medical device regulation keeps pace with technological advancements, such as todays marketing authorization. This February, the FDA is hosting a public workshop titled Evolving Role of Artificial Intelligence (AI) in Radiological Imaging and seeks to discuss emerging applications of AI in radiological imaging, including AI devices intended to automate the diagnostic radiology workflow, as well as guided image acquisition. Discussions will also focus on best practices for the validation of AI-automated radiological imaging software and image acquisition devices, which is critical to assess safety and effectiveness.

The FDA reviewed the device through the De Novo premarket review pathway, a regulatory pathway for low- to moderate-risk devices of a new type. Along with this authorization, the FDA is establishing special controls for devices of this type, including requirements related to labeling and performance testing. When met, the special controls, along with general controls, provide reasonable assurance of safety and effectiveness for devices of this type. This action creates a new regulatory classification, which means that subsequent devices of the same type with the same intended use may go through FDAs 510(k) premarket process, whereby devices can obtain marketing authorization by demonstrating substantial equivalence to a predicate device.

The FDA granted marketing authorization of the Caption Guidance software to Caption Health Inc.

The FDA, an agency within the U.S. Department of Health and Human Services, protects the public health by assuring the safety, effectiveness, and security of human and veterinary drugs, vaccines and other biological products for human use, and medical devices. The agency also is responsible for the safety and security of our nations food supply, cosmetics, dietary supplements, products that give off electronic radiation, and for regulating tobacco products.

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FDA Authorizes Marketing of First Cardiac Ultrasound Software That Uses Artificial Intelligence to Guide User - FDA.gov

The "Artificial Intelligence (AI) in the Global Freight Transportation Industry, Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

This study analyses the key trends and applications of artificial intelligence in the freight transportation industry by mode of transport i.e. road, rail, air, and ocean freight transportation. This research also analyses the disruptive impact of artificial intelligence on freight transportation business operations and discusses its adoption prospects until 2025.

Market Insights

With increased trade flow, the fleet population in freight transportation has become denser, and expectations of customers have evolved beyond recognition, resulting in complex transport operations, requiring operational flexibility from freight operators. Human errors in operations, underutilized assets, low workforce productivity, inefficient operational planning, inability to match supply with demand, and trimmed profit margins are key prevailing concerns with freight operators.

The emergence of digital technologies and the rapid technological advancements in digitization have transformed the business and operational landscape of the global freight transportation industry. It is essential for freight operators to embrace such operational complexity and evolve by adopting technologies to turn complexity into an advantage.

Today, the world is connected more than ever, and the growth of data generation has been exponential with smart devices and process automation. Data-driven insights help freight operators move forward and gain a competitive advantage over their peers. Artificial intelligence enables freight operators to harness data more effectively for actionable insights.

Artificial intelligence-powered systems in conjunction with other digital technologies such as internet of things and big data analytics utilize data to its full potential to anticipate events for freight operators, aiding them to avoid risks and create innovative solutions. Machine learning algorithms based on neural networks powered by artificial intelligence would unlock multiple benefits for companies operating in the freight transportation industry.

AI brings changes to the supply chain with autonomous vehicles, helping fleet operators reduce operating cost with and fuel consumption and plan optimized routes for service. The freight operators that are enhancing their capabilities with artificial intelligence are reaping its benefits by increasing efficiency with predictive intelligence. Artificial intelligence also enriches the relationship between the shipper and carrier with personalized service offerings.

Advanced sensor fusion with artificial intelligence supports the integration of smart infrastructure and operating assets and the freight operators in the development of connected freight ecosystem, aiding autonomous fleet management. The transformation of the logistics industry due to artificial intelligence is imperative in the near future; however, the readiness and openness of freight operators for an AI-based data-driven environment will determine how well this industry copes with challenges.

Key Topics Covered:

1. Executive Summary

2. Research Scope and Methodology

3. AI in Logistics Industry

4. AI in Freight Forwarding

5. AI in Freight Transportation

6. Stature of AI Adoption in Freight Transportation

7. Growth Opportunities and Companies to Action

8. The Last Word

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/nusb51

View source version on businesswire.com: https://www.businesswire.com/news/home/20200207005450/en/

Contacts

ResearchAndMarkets.comLaura Wood, Senior Press Managerpress@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470For U.S./CAN Toll Free Call 1-800-526-8630For GMT Office Hours Call +353-1-416-8900

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Global Forecast on Artificial Intelligence (AI) in the Freight Transportation Industry (2020 to 2025) - Disruptive Impact of AI on Freight...

We might still be decades away from the superhuman artificial intelligence (AI), like sentient HAL 9000 from 2001: A Space Odyssey, but our fear of robots having a mind of their own and acting at their own (free) will and using it against humankind is nonetheless present. Even some of the greatest minds of our time, such as Elon Musk and Stephen Hawking have been talking about this possibility.

On a more down-to-earth and practical level, artificial intelligence has already sneaked into our lives. Weve grown so accustomed to some of the best AI apps,such as Cortana, Alexa or Siri, that we already think of them as our trusted companions that help us run our everyday tasks easily and smoothly.

However, while a catastrophic sci-fi movie scenario is not a thing we should be worried about (at least not at the moment) there are some risks related to AI implementation which are far more tangible and possible.

Read on to find out more about some real-life benefits and risks of AI implementation.

By now, all of the industries have opened their doors to the various advancements AI brings. Here are some of the most prominent usages were witnessing and will be seeing more of in the years to come, in the digital marketing, healthcare, and finance industry.

If youve recently used a chat to reach customer service, chances are high youve been talking to a chatbot, maybe even without realizing this fact. It may come as a surprise that 40% of customers are fine with both options, as long as they get their issues solved.

Chatbots embody many benefits AI brings to businesses, and are a great example of how it may improve a sensitive and time-consuming matter such as customer service.

Some of the crucial points where you can see the advantages of AI-powered chatbots are:

Besides chatbots, AI can benefit digital marketing in many different ways, as it can be used to automate many different tasks, such as email and paid ads campaigns. It can also help marketers create more precise buyer personas, predict customers behavior and give sales forecasts, help with content creation, etc. These benefits to the e-commerce industry can hardly be measured, as businesses can now always be there for their online customers, assisting them in making their purchasing decisions and helping them navigate their customer journey.

Another noticeable way AI benefits our lives is through its usage in healthcare.

Weve recently witnessed a win of trained AI over human experts, as AI outperformed six radiologists in reading mammograms and recognizing breast cancer. Images can now be analyzed in a few seconds by the computer algorithm, so the use of AI can significantly improve the speed of diagnosis.

Except in radiology, AI is widely used in digital consultations, on platforms such as Buoy or Isabel symptom checkers, offering remote medical assistance, and suggesting how to see a professional based on their location.

The advantages of AI have been recognized early by the finance and banking sectors, and the technology is now implemented in the ways beneficial for both parties.

One of the best examples of how beneficial AI in this industry can be, is Erica, a virtual employee of the National Bank of America. Erica has by now served over 7 million customers and managed over 50 million of their requests, helping them with their transactions and budgeting, tracking their spending habits and giving useful advice.

As for the potential actual risks of AI nowadays, the one that seems to bring the most concerns is job loss, which in some industries seem inevitable.

AI-powered employees have quite a few advantages when compared to their human colleagues. As they have no personal and emotional responses theyre never exhausted, bored or distracted, not to mention that they are more productive and efficient. Furthermore, their capacity to make errors is significantly reduced.

Such qualities of AI are the most likely to cause layoffs where a lot of tasks can be automated, such as the trucking, food service and retail industry, leading to millions of unemployed and an even higher income inequality.

Another rising concern has been an invasion of privacy. This has already taken place in China, where AI-powered technologies are used for the purposes of mass surveillance, impacting the so-called social credit system.

The system tracks users behavior everywhere it has access to their social media profiles, their financial reports, health records etc. Data collected this way, including jaywalking and failing to correctly sort personal waste can now negatively influence the credit score while donating blood or volunteering can increase it. Negative credit can, for example, ban you from buying plane tickets, or enrolling your kids in certain schools.Finally, the possibility of using AI capacities for military purposes shouldnt be neglected, as the idea of having this kind of power concentrated in the hands of any of the world leaders, seems like a genuine threat to the world as we know it.

And while we think about all the benefits and the risks artificial intelligence brings, lets not forget one crucial point AI doesnt set its own goals. The power it has is the power we delegate it to achieve the things we are trying to accomplish, meaning that were responsible for both its benefits and its risks.

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Benefits and Risks of Artificial Intelligence - TechSpective