Computers utilizing computer vision based technology/software will become exponentially better in understanding the world. The best Go Player of the world was beat by a computer with computer vision technology this year, 10 years earlier than expected.
In the United States, young lawyers already don't get jobs; because of IBM Watson. IBM Watson will give you legal advice (nothing fancy, just basic stuff) in a matter of seconds. Accuracy? 90% accuracy! Compared to the 70% accuracy of an actual lawyer. Studying law? stop immediately (just kidding), however there will be 90% fewer lawyers in the future as only specialists will remain. Watson also helps in healthcare where it can diagnose cancer 4 times faster than human nurses.
Facebook has a pattern recognition software that can recognize faces better than humans a technology which is interesting for MagnaVersums’ Verus Services.
By 2030, computers, with the correct software, will become more intelligent than humans.
Next blog will be based on Autonomous Cars and how this technology will disrupt the market.