Deloitte just released their report Tech Trends 2017: The Kinetic Enterprise, where they highlight the expected of Machine Intelligence (MI). Yes, they think we have focused too much on Artificial Intelligence (AI), which they say is a subset of Machine Intelligence (MI). As they describe it, MI also includes machine learning, deep learning, cognitive analytics, robotics process automation (RPA), and bots.
Deloitte also sees three areas as driving the development of MI: Exponential data growth, Faster distributed systems, and Smarter algorithms. And as we can see in the image below, all the tech giants are doing acquisitions to be better at MI. Given the sizes of these companies, and how many applications they offer us privately and professionally, this will have an enormous impact on us the coming years.