Will the development of these technologies of processing large data sets improve the lives of people on Earth?
The future of the development of artificial intelligence applications in analytics based on Big Data, Business Intelligence and integrated risk management processes
In my opinion, the development of artificial intelligence applications in analytics based on Big Data, Business Intelligence and integrated risk management processes can be divided into two stages:
1. Development of Big Data database technologies and their applications. This process is already underway.
2. The development of artificial intelligence applications in analytics based on Big Data, Business Intelligence and integrated risk management processes. This stage is just beginning.
Ad. 1.
Big Data database technologies find more and more applications in business analytics, in Business Intelligence, in marketing analysis, in consumer preferences research, sentiment analysis based on comments on online portals, including social media. However, how will this Big Data analytics development look like in the future? This is determined by many factors regarding various issues, including the security of transfer and processing of data contained on the Internet, technological progress of data processing, information and marketing policy of online technology companies, including companies that manage leading social media portals, etc. Add analytical capabilities conducted research on the development of Big Data technology, the potential for using Big Data for industrial espionage, cybercrime and for maintaining information security and information systems by national and supranational security services to combat cybercrime, international money laundering transactions, transfer money to tax havens , terrorism, inducing destabilization in capital markets, etc. In this regard, an "arms race" will be the formats employed in the development of Big Data technology, employed on the one hand by legally operating companies, financial institutions, including banks and security services and hackers employed by criminal organizations who will continue to break into company information systems, banks and agencies by creating new cybercrime techniques government. This "arms race" is endless and is probably one of the key determinants of technological progress that is taking place on the Internet, including Big Data technologies.
Ad. 2.
The conducted research shows that the development of artificial intelligence applications in analytics based on Big Data, Business Intelligence and integrated risk management processes is only at the initial stage of development. What will be the final effects of this development? What will be the limits of this technological development? Currently, it is not easy to get it out. It is impossible to rule out many theories that currently find their use, for example in the science fiction films about the development of robotics, intelligent internet platforms or artificial intelligence systems that manage buildings, logistics of information systems, logistics of vehicle information systems and spacecraft. One of the first such visions was filmed in 1968 directed by Stanley Kubrick: "2001: A Space Odyssey". Since 1968, we have already divided a period of high technological progress in the development of information systems, the Internet, database technologies, data processing and artificial intelligence.
Will the development of artificial intelligence materialize future catastrophic visions from "Terminator" films dir. James Cameron from 1984, trilogy "Matrix" (1999-2003) dir. Lana and Lilly Wachowski, "Niepamięć" from 2013 dir. Joseph Kosinski or "Transcendence" from 2014 dir. Wally Pfister or rather much more positive visions presented in films such as "Artificial Intelligence: AI" from 2001 dir. Steven Spielberg, "Interstellar" from 2014 dir. Christopher Nolan, "The Martian" from 2015 dir. Ridley Scott or "Passengers" from 2016 dir. Morten Tyldum?
Current technological capabilities allow for the creation of new, potential uses of artificial intelligence in the processes of managing complex organizational structures of enterprises, communication processes, in decision-making processes requiring rapid processing of large amounts of information, in processes that a person without current information technology would not be able to implement . However, an open question still remains: will the effects of these new applications of developed artificial intelligence systems improve people's lives on planet Earth? Is it too late for that? Will humanity not lead to ecological catastrophe, use of non-renewable resources, energy, clean water resources and irreversible degradation of the natural environment, failure to maintain the greenhouse effect, melting of glaciers and generating new, more powerful global climate cataclysms and volcanic eruptions? Will the development of artificial intelligence, Big Data technology and integrated risk management systems alleviate at least significantly these unfavorable processes of environmental degradation?
Will the development of these information, IT, Internet technologies, processing and analytics of large data sets help to find solutions to these problems of negative external effects of civilization on Earth, external effects that may seriously threaten humanity in the 21st century on the increasingly exploited, devastated and polluted earth?
I am currently commencing research projects in this area and I invite you to cooperation.
What are the main determinants of the development of artificial intelligence applications in analytics based on Big Data, BI and risk management?
Some of the determinants include:
Thank you for participating in the discussion. Your remarks, conclusions, conclusions, scientific considerations are very interesting and enrich the discussions in this topic. I invite you to continue the discussion People interested in this subject.
The issues of the use of information contained in Big Data database systems for the purposes of conducting Business Intelligence analyzes are described in the publications:
https://www.researchgate.net/publication/323244120_The_Big_Data_technologies_as_an_important_factor_of_electronic_data_processing_and_the_development_of_computerized_analytical_platforms_Business_Intelligence
https://www.researchgate.net/publication/327035102_The_Technological_Solutions_Big_Data_and_the_Importance_of_Business_Analysis_According_to_the_Business_Intelligence_Formula
I invite you to discussion and cooperation. Greetings
The above question inspired me to the following considerations:
Will artificial intelligence soon replace some of the services provided by people?
Some researchers in the field of artificial intelligence indicate that in the future many professions, including work done by people, will be replaced with artificial intelligence.
For example, advisors in call center departments and commentators who write comments on internet forums, etc., are pointed out that they will be replaced by artificial intelligence.
Apparently, internet technology companies that run social media portals are working on artificial intelligence, which will take over from the operator of the social media portal.
But some researchers in the field of artificial intelligence suggest that artificial intelligence can also replace advisors in the field of high qualifications and direct contact with people, which is highly debatable.
In such theories one can find suggestions that, for example, doctors in the field of certain specialties and GPs will be replaced by artificial intelligence.
Sometimes these theories also indicate, for example, engineers, some of which specialties are to be replaced by artificial intelligence, but for engineers it depends on specific technical specialty.
Do you agree with these types of far-reaching theories?
In my opinion, it is rather excessive, exaggerated, idealized, too far-reaching theories regarding the prospects of artificial intelligence in the future.
In view of the above, please answer the question: Will artificial intelligence soon replace some of the services provided by people?
Please, answer, comments. I invite you to the discussion.
What will be the directions of development of analytical processes of sentiment analyzes on data collected in Big Data database systems in the future?
In order to analyze the sentiment on downloaded data from social media portals (such as Facebook, Tweeter, LinkedIn, but also YouTube, Instagram ...) and aggregated in Big Data database systems, it is necessary to use specialized software for extraction and analysis of these data.
The quality of the data transferred to, for example, excel sheets depends on the quality of the extraction process carried out with the help of specialized software.
Then, the quality of data analysis software in Excel sheets or in systems of computerized analytical platforms depends on the result obtained, the answer to the question given to the collected, initially unstructured data in the Big Data database system.
In the future, artificial intelligence may be used for this purpose, and the whole process of purposeful analysis of collected data will proceed in a much more effective, automated manner, less probable errors, will be a cheaper research process and will be carried out much faster even on much larger information collection than current.
In view of the above, the current question is: What will the directions of development of analytical processes carried out sentiment analyzes on data collected in Big Data database systems in the future?
Please, answer, comments. I invite you to the discussion.
Will artificial intelligence combined with the analysis of data collected in Big Data database systems be used in automated forecasting of valuations of securities and other assets on capital markets?
In the background of the plot of the film "Transcendence" from 2014, directed by Wally Pfister, the topic of analysis is analyzed by a computerized system combining artificial intelligence with human consciousness loaded into a computerized system of artificial intelligence connected to Internet resources and using the resources on its own.
This independence also means access to various databases, including internal Big Data database databases belonging to certain corporations, including listed companies that are issuers of securities.
The artificial intelligence connected to the Internet, according to a specific strategy, also independently conducts transactions on the market of valuable securities.
In addition, it establishes statrtsets offering innovative technologies, which in a short time become large capital companies characterized by a high capitalization of exchange quotations of shares of these companies listed on stock exchanges.
The above-presented film "Transcendence" presented above picture of integration of artificial intelligence, human consciousness and Internet resources is a picture of typical science fiction.
However, on the other hand, the function of this image is also to inspire to discuss the potential possibilities of integration of the above-mentioned elements into one system of autonomous and working in the Internet resources artificial intelligence, in addition also containing some human feelings.
The above image from the movie "Transcendence" became an inspiration to formulate the following question below.
The mentioned motif from the movie "Transcendence" looks impressive and convincing in this film mainly because it has a full spectrum of innovation.
The use of new, innovative instruments for forecasting specific economic categories usually works until these innovative instruments continue to be innovative, ie until they are disseminated to the majority of participants in specific markets.
In view of the above, I am asking you to answer the following question: Will artificial intelligence combined with the analysis of data collected in the Big Data database systems be used in automated forecasting of valuations of securities and other assets on capital markets?
Please, answer, comments. I invite you to the discussion.
In which sectors of the economy, in which types of companies and corporations will the most dynamic technologies develop the analysis of large information collections in Big Data database systems supported by artificial intelligence?
The Big Data database technology is finding more and more applications in business.
Multi-criteria processing of huge data sets collected in Big Data database systems allows preparing reports in a relatively short time according to given criteria.
The report development time depends mainly on the computing power of Big Data servers.
In processes of complex economic and financial analyzes, risk management, etc. for the purpose of determining the economic and financial situation of business entities, they are increasingly carried out in computerized analytical platforms of the Business Intelligence type.
Perhaps in the future, artificial intelligence will also be involved in this field of analytics.
In some countries, IT companies have been operating for several years, developing the Big Data database technology for commercial and business purposes.
It is only a matter of time to combine these various analytical and database technologies in computing cloud computing.
In view of the above, the current question is: In which sectors of the economy, in which types of companies and corporations will be the most dynamically developed technologies for analyzing large collections of information in Big Data database systems
Please, answer, comments. I invite you to the discussion.
The issues of the use of information contained in Big Data database systems for the purposes of conducting Business Intelligence analyzes are described in the publications:
https://www.researchgate.net/publication/323244120_The_Big_Data_technologies_as_an_important_factor_of_electronic_data_processing_and_the_development_of_computerized_analytical_platforms_Business_Intelligence
https://www.researchgate.net/publication/327035102_The_Technological_Solutions_Big_Data_and_the_Importance_of_Business_Analysis_According_to_the_Business_Intelligence_Formula
I invite you to discussion and cooperation. Greetings
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