Hi Sajeev,
thanks for adding more information!
There’s two things I’d like to mention at this point; after that, I
think it might be a good idea to let this discussion thread die. I feel
I’m digressing too much, and it’ll be easier for you to come up with a
new email that says “Hey, do you know research on XY, possibly related
to GNU Radio”, now that we have mentioned so many concepts with names,
and you can pick one or a few XYs from these. Bombarding you with more
terms really won’t help either of us, I guess 
So these two things are 1. quantifying your ideas, and 2. cognitive
communications:
- telecommunication with electromagnetic waves is not very much like
looking at objects with the human eye, I agree.
But that’s basically because the sensory apparati involved are so
different: The eye is a focussable matrix detector for photons, which
means you kind of get a whole set of per-frequency-bin intensities at
once, whereas digital communication usually needs to rely on a single
(or a few) antennas receiving a signal, which only has a single quality
– voltage over time.
Thus, your comparison kind of needs to take a step back: First of all,
you’d need to make some kind of “image” out of the temporal signal,
before you can do anything cognitive on it. In fact, projecting a
received signal into a vector space is a method very common to almost
all digital transmission systems:
RF engineers of think of signals as combination of points in a
N-dimensional room, constructed by base vectors of independent vectors,
just like a 2D image might be constructed by mapping colors to points in
the plane.
The art of finding appropriate signal representations has led to a whole
lot of different transmission schemes, some of which are
constellation/pulse shape based (think of a PSK with a matched filter),
some employ orthogonality of specific frequency components to first map
a set of symbols to a time signal (OFDM), some simply represent
different symbols/users by different sequences of chips (CDMA);
detectors for these different representations use the characteristics of
the signal model to optimize correct decoding. “Optimize” is a hard
word, here: It demands that the signal model is somewhat mathematical,
which allows the engineer to find an optimal decoder, in many cases.
After that, there’s the art of channel coding (as opposed to source
coding, and largely unrelated to CDMA), which approaches the actual
information to be sent from a information theoretical point of view; it
adds redundancy at the transmitter to make it easier for the receiver to
correctly decode what has been sent, and it gives the receiver
appropriate methods to maximize probability of correct decoding. Network
Coding is somewhat related to this, and is yet another discipline of
communications engineering you should have a look at.
Again, there’s a large mathematical background to this, and a lot of
things have upper bounds for how well things can possibly work, there
are solutions to specific cases that are proven mathematically to be the
optimum, and there are lots of research to be done – most of the codes
we know today are rather bad compared to what we know must exist, but
science has not been able to find better ones, so far[1].
Somewhere in between the mapping of physical quantities to code words,
and finding good codes to encode information, to maximize
speed/reliability/spectrum efficiency of transmission [2], or somewhere
across, sits equalizing. Now, equalizers have a lot of properties that
people consider “smart”, “adaptive”, and thus somewhat “cognitive”, but
that brings me to my second issue
- “cognition” is one of the buzzwords of RF communication of the last
15 years, thanks to Mitola '98, who coined the term “cognitive radio”,
to describe systems that are aware of their RF environment and act based
on this awareness. This comes with a whole lot of theory on what a radio
must/can/could know, how to exchange that kind of info etc. Network
coding once again comes into play – you should definitely have a look
at that.
Now, I’m not totally sure you’re going after cognitive radio – from
what you describe, designing a good channel code that reaches the
channel capacity[3], maybe combined with an equalizer, fits what you’re
looking for, which is recognizing advanced patterns in a
more-than-1-dimensional representation of the signal. There’s a lot of
approaches that do this – chose the one you want to dig deeper into 
Computer vision is a fairly mature field of research, and it has led to
a lot of signal models for 2D images; all the things I said about
mathematical optimization above apply to these models, too, and the
point here is that it’s always crucial to find a good representation
(ie. a well-fitting model) that explains the signal to your detection
algorithm.
There are a lot of decoder classes that are what one could call learning
– iterative methods that use the information gathered in the last
processing step to aid and improve the next step – be it a definite
decision about the (N-1)th bit employed to calculate the likelihoods of
the Nth bit, or be it a soft decision state used in a iterative decoder
arbitrary times. Have a look at Turbo Decoders – they interleave
decoding and equalizing, and thus learn from symbols of the past to
interpret the coming symbols more accurately.
So, to conclude: 1. you say you want to see things being done better,
but you’ll need to mathematically define “better”; in many cases, the
structures employed are mathematically proven to be optimal, and 2.
you’re comparison to recognition of things by the human eye needs to
first find a mathematical model that makes an image from the signal, and
for which you can be smarter than the solutions that are already known.
Best regards,
Marcus
[1] which, to me, was one of the core things I took away from my channel
coding course.
[2] Note that I use these three different goals as one thing here – you
can often do this, because the common problem is “for this given
channel, how can we get a maximum of bits across”, and a good solution
solves all the three problems.
[3] Wow, my footnotes are getting channel coding centered these days.
Reaching channel capacity means: No matter what you do, for the SNR in
this channel you can’t get more bits across (with arbitrarily little
error) than possible with this code.