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Artificial Intelligence (AI) is all the rage these days, and people are excited to see how it’s used in everything from self-driving cars to disease detection to real-time translation.

Experts are lining up to predict the future of AI, and they’re not looking generations from now. Many are looking at a five-year window where it will be a significant piece of our day to day life.

Neil Jacobstein, the AI and Robotics chair at Singularity University and a Distinguished Visiting Scholar in Stanford’s MediaX Program, offered five predictions for AI breakthroughs.

Jacobstein points to the ability of AI to beat the world champion of Go, one of the most complicated board games being played today, as an example of how a computer can learn from a computer instead of from a human, and begin to compete strategically. The machine, by the way, won 100 out of 100 games played.

On a personal level, he points out that AI is already impacting medicine where doctors are relying on machine thinking to more quickly detect and diagnose diseases.

Medical Technology

The use of this technology in the medical field will only continue to grow because Jacobstein anticipates that “we will soon see an inflection point where doctors will feel it’s a risk to not use machine learning and AI in their everyday practices because they don’t want to be called out for missing an important diagnostic signal.”

In terms of drug testing and design, Jacobstein foresees AI improving this process as well. Instead of having to “…make drug predictions based on properties influenced by molecular structure, then synthesize numerous variants to test their hypotheses,” chemists can use quantum computing to expedite this time-consuming undertaking.

Jacobstein feels AI will change our relationship to molecules and materials, in general, as AI helps us to discover new materials. These materials are currently being used for clean-tech innovations and can play a major part in addressing climate change.

An assortment of entrepreneurs and experts answered a question on Quora about AI with a blend of practical and uber-technical answers.

We’re especially keen to learn more about translation earbuds, which will help make the world community more connected and inspire business without barriers. Other answers included improvements of digital assistant (Siri, Alexa, etc.) and self-driving cars, along with coding “human” feelings into computers.

Improve Daily Life

AI will continue to improve daily life in the shape of virtual support agents and real-time language translation, but not without consequence.

Jacobstein and other experts predict that we will be consuming more fake content than ever through AI driven content creation.

Gartner, a research and advisory company, says that, “…Most people in mature economies will consume more false information than true information by the year 2022.”

Still, there are reasons to feel hopeful. Gartner is optimistic that AI will create more jobs than it destroys and can boost revenue generation as well as productivity.

The train towards AI is going so fast that it’s time for every company to see how it can apply, with some critical considerations in mind.

Peter H. Diamandis, MD, recommends that your business determines, “where and how you can begin collecting critical data to inform your AI algorithms.” Also, he argues that companies should identify workflows and processes that can be automated through AI technology.

The future is here, and it’s time to adapt.