“Artificial intelligence is spreading across every industry. With new developments making headlines every day, it can be tough to sort out the essential news from the hype. Our analysts cut through the noise to identify 25 of the top AI trends to watch this year.”
via CB Insights
Worldwide spending on AI systems is forecast to reach $35.8 billion in 2019 — that’s an increase of 44 percent over the amount invested in 2018. IDC expects spending on AI systems will more than double to $79.2 billion in 2022 with a compound annual growth rate (CAGR) of 38 percent over the 2018-2022 forecast period.
American companies face a major skills shortage for AI engineers and other highly technical roles, yet most American students are not pursuing advanced degrees in these fields. American students earn fewer than half of the U.S. doctoral degrees in many STEM fields.
New White Paper Identifies 10 Predictions for AI in 2019, Including Commercialization of New Technologies, Growth of New Application Markets, Changes in Hardware Architectures and Infrastructure, and Evolution of Business Models and Public Policy.
Factory automation is evolving, once again. Machine vision technology remains popular in the manufacturing environment, due to its proven track record of results. However, the introduction of artificial intelligence (AI) technology and machine learning applications will transform many conventional factories.
“Deep learning has been a key point of focus for many companies, given its potential to transform entire industries,” says principal analyst Keith Kirkpatrick. “Current leaders in the deep learning market include Google, Facebook, Microsoft, IBM, Amazon, Baidu, and others.”