The new study from Juniper Research found that roboadvisor platform revenues will reach $25 billion by 2022 — that’s up from an estimated $1.7 billion in 2017, as the automation of wealth management revolutionizes the way individuals invest.
Artificial intelligence (AI) systems are already very sophisticated. Gartner predicts that by 2022, AI-enabled personal devices will know a lot more about that person’s emotional state. Moreover, AI is a disruptive force that will reshape the way we interact with many personal devices.
AI will improve the productivity of many jobs, eliminating millions of middle- and low-level positions, but also creating millions more new positions of highly skilled, management and even the entry-level and low-skilled variety.
“In 2018, we must finally realize that it’s no longer a matter of human versus machine, but rather human and machine working in tandem to solve the world’s problems. It is humans who ultimately decide the next course of action.”
Producing a ‘good samaritan robot’ could mean finally defining what humans have failed to agree on for millennia – how to define morality. Based on our experiences in machine learning, we believe there are three ways to begin designing more ethically aligned machines.
Source: World Economic Forum
Globally, the U.S. and China are ahead in the self-driving race. Germany and Japan, despite being famous for their autos, are behind. “The key difference is AI,” said Tony Han, co-founder of China-based autonomous vehicle company JingChi. “China and the U.S. are leading in AI.”
Source: Knowledge at Wharton
According to Juniper Research, digital advertising spend will grow by an 18 percent compound annual growth rate (CAGR) over the next five years — rising from $184 billion in 2017 to $420 billion in 2022. This include advertising spend across mobile, desktop, wearables and digital-out-of-home signage.
Source: Digital Lifescapes