CE Pro November 2023 - 8

Industry Pulse
Keynoter Predicts AI's Potential to Propel Smart Home
THE FIELD OF artificial intelligence
(AI) is evolving at
a very rapid pace, with generative
AI chatbot ChatGPT
becoming the quickest tool
to reach 100 million users,
beating out the likes of Instagram,
Spotify, Facebook,
Twitter, Netflix and other
popular apps. It is becoming
ubiquitous in our daily lives,
and advanced AI will undoubtedly
disrupt the smart
home market as it continues
to improve.
This, according to Scott
Steinberg, CEO of strategic
consulting and market
research firm, TechSavvy
Global, through which he
has advised countless companies
and organizations on
their digital strategies and
future business opportunities,
will lead to new levels
of automation that were
once considered to be many
years away.
could benefit greatly.
" In around 25 years of
doing this, I have never seen
a technology that has more
potential to transform any
given industry and the way
that we live and the way
that we work than AI and
machine learning, let alone
at the speed and scale that
we're seeing these transformations
occurred today, "
Steinberg says.
AI has already proven adept
many things, but once
this advanced AI is applied
to residential technology,
life will never be the same.
What passes for cutting
edge today will be table
stakes very shortly, the
futurist says.
" We will see entire cities
that are filled with dwellings
that are fully self-aware,
self-monitoring, and capable
of self-maintenance, " Steinberg
says.
" What we're seeing is that the
next 10 years are likely to bring
more change than the prior
10,000 years ever did. "
-Scott Steinberg
Steinberg, delivering the
keynote speech of CEDIA
Expo 2023, says technologies
like ChatGPT and other
generative AI tools are
transforming the way the
world works. Businesses are
using these tools to automate
processes like copywriting,
advertising, drafting
emails, and more. However,
the smart home industry
8 | CE Pro November 2023
Essentially, Steinberg
envisions a smart home
future in which technology
learns the routines of the
occupants and provides a
hyper-personalized experience.
For example, a smart
home system could trigger
a morning alarm to wake up
an executive an hour early
knowing that his calendar
shows a busy work schedCEDIA
Expo speaker Scott Steinberg, CEO of strategic
consulting and market research firm TechSavvy Global,
provided fascinating insights into artificial intelligence.
ule. Or, systems could spot
potential security risks much
faster than any human.
The number of connected
devices is only going to
grow, and customer demands
will grow with those
devices. It's the integrator's
job to continue to make
them all work together in
harmony, and AI can help.
To put things into
perspective, Steinberg
cited the speed at which
ChatGPT acquired 100 million
users: just two months.
It took TikTok and Instagram
more than two years
to achieve the same. In
addition, as of March 2023,
there were nearly 15,000 AI
startups in the U.S. alone in
addition to leading AI innovators
in Silicon Valley.
" What we're seeing is
that the next 10 years are
likely to bring more change
than the prior 10,000 years
ever did, " Steinberg says.
He urges smart home
professionals to start experimenting
with AI and begin
applying it to smart home
solutions now, because the
technology is changing and
advancing so rapidly that
ChatGPT technology will be
outdated shortly.
" What I would tell you
as a smart home pro and a
business leader is that there
is no better time to start
playing around with and
investing in AI technology
than the present moment, "
Steinberg says, " and no
better point in time to start
planning for its impact on
your business tomorrow
than today. " -Zachary
Comeau
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CE Pro November 2023

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