Tag Archive | artificial intelligence

Why Artificial Intelligence and Automation are Complex

robotics and AI market research

It is not just technological feasibility that influences automation. There is a much longer list of parameters, including costs and regulation, that need to be considered. In addition to these parameters, there are further variables influencing the future of automation.”

Source: World Economic Forum

Cognitive and AI Systems Revenue will Reach $57.6 Billion

cognitive and AI market research

The retail and banking industries are forecast to spend the most on cognitive and AI systems in 2017 with investments of $1.74 billion and $1.72 billion, respectively. The discrete manufacturing, healthcare, and process manufacturing industries are also forecast to spend more than $1 billion each this year.

Source: Digital Lifescapes

Creating a Magna Carta for the Global AI Economy

cognitive systems market research

“We stand at a watershed moment for society’s vast, unknown digital future. A powerful technology, artificial intelligence (AI), has emerged from its own ashes, thanks largely to advances in neural networks modeled loosely on the human brain.”

Source: World Economic Forum

Cognitive Systems Revenue Will Reach a 14.6 Percent CAGR

cognitive systems market research

The global cognitive systems market will witness a massive hike in revenues, reaching $21.46 billion by the end of 2026. Over the 10-year assessment period, the global cognitive systems market will expand at a compound annual growth rate (CAGR) of 14.6 percent.

Source: BriefingWire

3 Key Digital Transformation Trends for the Next Decade

digital transformation market research

Three significant business technology trends will enable business leaders to thrive over the next five to ten years. Artificial intelligence (AI), transparently immersive experiences and new digital platforms will provide the foundation that enables organizations to connect with new business ecosystems.

Source: Digital Lifescapes

How Artificial Intelligence Can Create New Jobs for Everyone 

artificial intelligence market research

“Eventually, after the Industrial Revolution, there were at least as many jobs as there were before and they were better ones. The net result was an increase in productivity and in the number of people employed, which raised overall wealth.”

Source: World Economic Forum

How Artificial Intelligence will Transform Higher Education

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“We believe AI is a new scientific infrastructure for research and learning that universities will need to embrace and lead, otherwise they will become increasingly irrelevant and eventually redundant.”

Source: World Economic Forum