Behind The Scenes Of AI, IoT And 5G Advancement

Artificial Intelligence concept

CEO and Founder of Qulix Systems, a software development company rendering its services globally for over 20 years.

No wins come at no cost. We often forget about this, though, and demand instant wins. This is an especially true story as the global community is seeking the Covid-19 vaccine and rapid business recovery.

So, in this article, I will take you behind the scenes of the hottest tech trends and show you the background behind their “sweeping success.” I hope this article will help you stay aware of the advancements that make headlines and remember that every success takes time.

Artificial Intelligence

Artificial intelligence is a hot topic currently and for years to come. When you open a news portal, it’s impossible not to run across ground-breaking AI news. It seems like AI is everywhere, yet in reality, AI is only recently started to become ubiquitous.

As I’ve already mentioned in my article on the topic, we’re miles away from the futurists’ predictions. AI-enabled operations exist in under 40% of businesses and, as a rule, automate simple routine activities. In many cases, its effect is hyperbolized.

It took us 70-plus years to launch AI algorithms that are based on human logic, which means they are not independent in their “judgments” and perform complicated calculations rather than the simplest human-like reasoning.

“Although it might be theoretically possible to replicate the functioning of a human brain, it is not practicable as of now,” Naveen Joshi says in his article on AI-advancement. Whether we need 70 more years to see a truly human-like artificial intelligence is open to discussion. Yet what’s 100% sure is that this is not a matter of months or even years, however discouraging this may sound.

The Internet Of Things

Recent years saw the boom of the internet of things (IoT). To a great extent, this was possible due to the significant reduction in the size of components and their price. For example, miniaturization in transistor technology and super-efficient silicon-integrated circuits allowed us to leave room-sized computers in the past and enjoy efficient laptops lighter than the LOR three-decker. What about the price tag? Back in 1971, a computer cost $750 (with an inflation-adjusted price of $4,659). Today, you can buy a desktop computer for some $50, and it will greatly outperform its predecessor!

So, back to the IoT part. Small in size, small in price — will they conquer the world tomorrow? Not yet. The IoT needed 40-plus years to get where it is now since David Nichols ran his APRANET-enabled Coca-Cola vending machine. The industry has achieved enormous success, yet it still has to overcome many difficulties. Among such are energy consumption and connectivity issues.

Though IoT devices use a range of specific protocols that guarantee low-energy consumption, they are still a costly innovation for many industry players. Say, how many IoT sensors does a warehouse need? They should be placed everywhere to obtain reliable data, as few sensors won’t give a full picture. Supply chain management, prevention of damage and spoilage, inventory tracking — here we’re talking about a single industry and thousands of sensors that consume energy non-stop. A lot of sectors have not made it to the list of IoT-friendly industries yet (farming, logging, etc.) — because of enormous sensors coverage that results in huge energy consumption.

Connectivity issues are also hard to deal with, especially on large-scale remote enterprises, such as mining camps. Furthermore, mining equipment is mostly located underground, where multiple obstacles exist between sensors and hubs, which reduces the signal quality, too.

The bottom line is that we’ve managed to achieve great results (size and price of IoT components), but it took some time (around 40 years, to be exact). It surely won’t take as much to deal with energy consumption and connectivity, yet these two will stay on the agenda for the foreseeable future.

5G Connectivity

Wireless carriers may fight viciously for the title of the first 5G-provider; however, the truth is that the real 5G network is nowhere near us. To make things worse, those carriers who already offer 5G actually substitute wish for reality — those are only extensions of 4G LTE. Thus, in order to outperform the competitors, “fake 5G” is sold wrapped in a true 5G package. Such dirty market games could not cool the hype around 5G that surfaced in late 2019 after an initial spike in 2018.

This is the price of a quick win that makes headlines — not a difference. The truth is, 5G build-out is going to take at least another decade and tons of efforts and money to complete.

Summing It Up

There is going to be a real boom when AI-enabled robots do our routine jobs and leave us more space for creativity, 5G launches autonomous cars, enables telemedicine and finally brings IoT to every home and enterprise. Unfortunately, this is not going to happen tomorrow — and not even for some years to come. Many will find my words weird, as such is the nature of a human being — to expect quick wins and be discouraged by the opposite. Nevertheless, in light of the Covid-19 pandemic, learning to be patient is a great skill that all of us will need. Despite lightning fast development, the Covid-19 vaccine still requires tons of research and testing to dissolve any long-term safety concerns.

On the bright side, such disruptive innovation dynamics and marketing wars will stimulate ongoing technological progress. Due to this, we all can enjoy mind-blowing technological advancements, like Boston Dynamics robots dancing to “Do You Love Me,” in almost no time.

What else is there to say? Learn to wait and keep up with progress all at the same time. What a crazy and beautiful time to be alive!

Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?

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