Artificial intelligence (AI) has permeated all aspects of our lives. It is no longer just part of the science fiction fantasy world. It has evolved and progressed to the point we depend on it more than we even realize. Now, IT professionals are predicting that the third wave of AI has arrived. The Global Coin Report brought this topic to us in their article, “The Third Wave Of AI Means Competition For Big Tech From The Crowd.”

“The first wave of AI was traditional programming,” says Isaac Bang, Project Lead for REDDS Capital-backed Mind AI. “You write lines of code and the computer executes exactly what is written. The second wave of AI is neural networks, machine learning, self-driving cars, image recognition, AlphaGo or IBM Watson, and all the crazy things you see today – that’s where we are at now.”

With research and development of deep learning neural network based AI systems, companies have access to both immense databases and access to massive server farms that provide computing power due to the large user base and financial support.

Melody K. Smith

Sponsored by Data Harmony, a unit of Access Innovations, the world leader in indexing and making content findable.