AI, or Artificial Intelligence is something we often associate with science fiction movies. The concept of AI is to create machines that learn and are able to work autonomously, to make our lives easier. It is a wonderful and unique technology that can transform our lives as well as business ideas.
Whether its using a gpu server for ai deployment, creating self-cleaning machines, or clever robots who are able to think for themselves… AI is amazing. And here are some amazing facts you should know that could change our world.
1. Electricity transformed our world. But Google CEO Sundar Pichai thinks that AI will have a bigger impact on the development of human life.
2. The demand for data scientists will be over 50% more than the supply, making it a VERY smart career path to follow.
3. PWC believes global GDP will rise by 14% by 2030 due to AI.
4. Big Data and Analytics will be a huge source for spending by 202o reaching a global soend of $203 billion.
5. Men are currently dominating the AI industry and 71% of new applicants in this field are male…. Come on ladies!
6. AI continues to be a growing source of startups and as technology evolves it will continue to grow.
7. 84% of enterprises believe in the competitive power of AI resources for their empire
8. By 2025, revenue from AI projects will be $31.2 billion!
9. AI will soon be used as a marketing tool and will be developed for a more personalised email marketing campaign, changing the landscape of marketing.
10. Since 2000 the investment in AI projects has increased by 6 times!
11. Venture capital for AI between 2013-2017 increased by 4.5%
12. China has earmarked artificial intelligence as a key factor in their success going forward… and as a result of this they will look to be one of the dominating countries in AI in 2020 onwards.
13. Gartner believes that AI is crucial for business, and they believe that AI should be one of the most important investment opportunities. Those who invest in AI soon will be incredibly happy in the next few years as the markets continue to grow.
14. Nautilus is a self learning super computer. It was one of the first of its kind and has been used for a number of amazing tasks. The most crucial task this computer performed was to locate Osama Bin Laden. Computer such as these could literally change the world for the better.
15. These are the most highly valued companies from the US and China:
- China Construction Bank
- JPMorgan Chase
- Berkshire Hathaway
- Agricultural Bank of China
- Bank of America
- Wells Fargo
- Bank of China
- Ping An Insurance Group
16. VC investors are increasingly investing in machine learning and AI capabilities, making it a great career to choose.
17. Huawei are looking to develop AI chips that will reduce the need for China to rely on other countries for their technology needs.