Experts Predict AI/ML Tools to Grow in Power and Influence by 2035

A recent report predicts AI and machine learning tools will significantly increase in power and influence by 2035, with 42% of experts feeling equally excited and concerned. The technology is already being applied in supply chain management, with 91% of global organizations finding generative AI effective in optimizing processes.

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Bijay Laxmi
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Experts Predict AI/ML Tools to Grow in Power and Influence by 2035

Experts Predict AI/ML Tools to Grow in Power and Influence by 2035

A recent report by the Pew Research Center and Elon University, featuring insights from over 300 experts, predicts that artificial intelligence (AI) and machine learning (ML) tools will significantly increase in power and influence by 2035. The report reveals a mixed sentiment among the experts, with 42% feeling equally excited and concerned about this growth, while 37% express more concern than excitement.

Why this matters: The growth of AI and ML tools has far-reaching implications for various industries, including supply chain management, and will require businesses and society to adapt and develop strategies to harness their power responsibly. As AI and ML continue to advance, their influence will shape the future of work, decision-making, and innovation, making it crucial to consider their potential consequences and benefits.

The report highlights the growing importance of AI and ML across various industries, including supply chain management. Calton Pu, a professor at Georgia Tech, is among the experts who contributed to the report, offering valuable insights into the potential impact of these technologies.

In a separate report by Blue Yonder, a leading supply chain solutions provider, 91% of global organizations find generative AI to be effective in optimizing supply chain processes and decision-making. Over half of these organizations are already applying AI to various aspects of their supply chain, including planning, transportation, and order management.

Andrea Morgan Vandome, Chief Innovation Officer at Blue Yonder, emphasizes the need for innovative technology solutions to respond to supply chain disruptions and enable businesses to adapt with lasting resiliency. "The past few years have shown us just how important it is to be able to quickly respond to disruptions and enable businesses to adapt with lasting resiliency," Vandome states.

As AI and ML continue to advance, their applications in various industries are expected to expand. The Pew Research Center and Elon University report underscores the need for businesses and society to prepare for the growing influence of these technologies. While the report does not provide specific details on the predicted growth or potential applications of AI/ML tools, it serves as a call to action for stakeholders to consider the implications and develop strategies to harness the power of these technologies responsibly.

The increasing adoption of AI and generative AI in supply chain management, as highlighted by the Blue Yonder report, is a key trend that businesses should be aware of to stay ahead and meet their objectives. As the world navigates the challenges and opportunities presented by the growth of AI and ML, collaboration between industry experts, researchers, and policymakers will be crucial in shaping a future that maximizes the benefits while addressing the concerns associated with these powerful technologies.

Key Takeaways

  • By 2035, AI and ML tools are expected to significantly increase in power and influence.
  • Experts are divided, with 42% feeling equally excited and concerned, and 37% more concerned.
  • AI and ML will shape the future of work, decision-making, and innovation.
  • 91% of global organizations find generative AI effective in optimizing supply chain processes.
  • Businesses and society must adapt and develop strategies to harness AI and ML power responsibly.