By 2020, every single product and service will have artificial intelligence

Almost every single new device and service will contain artificial intelligence (AI) by 2020, as tech firms rush to fulfill demand for smarter products. The popularity of AI-powered devices like the Amazon Echo and Google Home has kickstarted a renewed interest in the technology, which is now regarded as the next gold rush, according to analysts from research firm Gartner. AI is set to revolutionise the future workplace and face of the economy, as human jobs will be aided and in some cases replaced entirely by increasingly-intelligent machines. Artificial Intelligence is one of Amazon’s major areas of investment (Photo: Getty) Google, Amazon, Microsoft and Apple are among the tech giants sinking vast sums of money into developing their own branches of the technology, both for use in consumer products and industry-wide application, with more than 1,000 companies describing themselves as AI vendors, the firm found. The hype around AI has led to ‘AI washing’, with companies tending to over-exaggerate their smart credentials in an effort to curry consumer favour, it added. “AI offers exciting possibilities, but unfortunately, most vendors are focused on the goal of simply building and marketing an AI-based product rather than first identifying needs, potential uses and the…

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