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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen10/7/2016 9:32:19 AM
   of 1084
 
Why Deep Learning is Suddenly Changing Your Life



Decades-old discoveries are now electrifying the computing industry and will soon transform corporate America.

Over the past four years, readers have doubtlessly noticed quantum leaps in the quality of a wide range of everyday technologies.

Most obviously, the speech-recognition functions on our smartphones work much better than they used to. When we use a voice command to call our spouses, we reach them now. We aren’t connected to Amtrak or an angry ex.

In fact, we are increasingly interacting with our computers by just talking to them, whether it’s Amazon’s Alexa, Apple’s Siri, Microsoft’s Cortana, or the many voice-responsive features of Google. Chinese search giant Baidu says customers have tripled their use of its speech interfaces in the past 18 months.

Machine translation and other forms of language processing have also become far more convincing, with Google, Microsoft, Facebook, and Baidu unveiling new tricks every month. Google Translate now renders spoken sentences in one language into spoken sentences in another for 32 pairs of languages, while offering text translations for 103 tongues, including Cebuano, Igbo, and Zulu. Google’s Inbox app offers three ready-made replies for many incoming emails.

The advances in image recognition extend far beyond cool social apps. Medical startups claim they’ll soon be able to use computers to read X-rays, MRIs, and CT scans more rapidly and accurately than radiologists, to diagnose cancer earlier and less invasively, and to accelerate the search for life-saving pharmaceuticals. Better image recognition is crucial to unleashing improvements in robotics, autonomous drones, and, of course, self-driving cars—a development so momentous that we made it a cover story in June. Ford, Tesla, Uber, Baidu, and Google parent Alphabet are all testing prototypes of self-piloting vehicles on public roads today.

But what most people don’t realize is that all these breakthroughs are, in essence, the same breakthrough. They’ve all been made possible by a family of artificial intelligence (AI) techniques popularly known as deep learning, though most scientists still prefer to call them by their original academic designation: deep neural networks.

fortune.com



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