Real-world applications of artificial intelligence are skyrocketing. According to the World Intellectual Property Organization (WIPO), patent submissions related to AI nearly tripled between 2013 and 2017 to more than 55,000 applications. This rise in patenting activity reflects the gold rush currently underway in the realm of AI. We can expect to see it becoming essential across almost every industry.

The rapid rise in AI applications has also sparked concern that such technologies pose a threat to consumer privacy by letting companies observe users more closely. But I believe we will actually see quite the opposite effect: Rather than delving deeper into the personal lives of consumers, AI could become actually grant people more privacy. READ MORE ON: VENTUREBEAT