$47 Billion in Year 2020 → Predicting the Job/Services market for Machine learning and AI ?
Cognitive & AI — market is predicted to be $47 Billion by 2020
**(figure might be not exact)
Look at the Global companies investing on Machine learning.
Company — Cognitive Tools
- IBM — Watson
- Microsoft —Cortona and Cognitive API
- Salesforce — Einstein
- Google — Deepmind and TensorFlow
- Facebook — ??
- Uber — ??
- Apple — Siri
- Amazon — ??
- Baidu — ??
All the Global Conferences run by Microsoft, Amazon and Google are completely immersed with Cognitive and Machine learning sessions.
Last 2 years, conferences had Cloud and Big data sessions, but this is changing rapidly.
As per some Experts, by year 2018–50% of all new Applications will have Cognitive Intelligence.
What is the Domain of Cognitive ?
- Natural language processing [NLP]
- Prediction API with lowest Error rate
- Learning from Unstructured Data format — Images, Videos, speech, etc
- Vision recognition
- Audio recognition
- Speech Translation
- Machine/Deep learning
- Intelligent and Personal Bots