How AI Business Value Will Reach $3.9 Trillion in 2022

More CIOs and CTOs are exploring the commercial value of intelligent systems that can enhance their organization’s performance. Global business value from artificial intelligence (AI) is forecast to total $1.2 trillion in 2018 — that’s an increase of 70 percent from 2017, according to Gartner.

via Digital Lifescapes

HPC & AI Platforms: Knowledge Transfer at Think

Senior executives have embraced the concepts of artificial intelligence (AI), deep learning and cognitive computing. Many are already applying these and other intelligent technologies to dramatically improve the productivity of their businesses, while redefining the ways they engage with their key stakeholders.

via LinkedIn

How Artificial Intelligence Drives Digital Transformation

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.

via Digital Lifescapes

Human + Machine: 4 Predictions for the Future of Work

“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.”

via World Economic Forum

Creating a Magna Carta for the Global AI Economy

“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

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

How Artificial Intelligence will Transform Higher Education

“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

Explore the Major Drivers of the Cognitive Systems Market

Pattern recognition, data mining, and natural language processing  are some of the specialized functions performed by cognitive systems. Generating and evaluating the evidence based on the hypothesis made via natural language and human communication is the standard build of a cognitive system.

Source: Transparency

Huge Market Upside for Smart Transportation Technologies

Artificial Intelligence (AI) — in particular, Deep Learning based on neural network computing — parallel processing and unassisted cloud-based crowd learning are propelling new innovations within the established consumer vehicle and commercial transport sectors.

Source: Digital Lifescapes