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As both humans and technology continue to evolve and intersect, it’s not surprising that we have made advancements that affect our outlook on life.
Keep scrolling to find out just how much AI is currently a part of our daily lives and what lies ahead!
(Source: Business Standard)
This revenue will come from software, hardware, and other AI services. Moreover, the International Data Corporation predicts that the market will break $500 billion in 2023.
There is not a region in the world that won’t be impacted by AI technology. However, China and the US will see the most significant benefits of economic growth because of it.
(Source: Fortune Business Insights)
As many industries worldwide are figuring out ways to incorporate the different types of artificial intelligence into their businesses, some projections predict the market will grow at a CAGR of 33.6% between 2021 and 2028.
Therefore, from its value of $47 billion in 2021, this evolving market is expected to reach $360 billion in 2028.
Future predictions say that the market will grow and chatbots will become popular for customers to get information and help. For example, 35% claimed that they would reach out to a bot to resolve a problem or a complaint.
Artificial intelligence statistics indicate that quality control is why the pharma and healthcare industries employ this new technology. The second most popular reason was customer care (44%), with monitoring and diagnostics close behind (42%).
(Source: Bernard Marr)
Do you remember when Instagram switched from reverse-chronological order to mixed order on the feed? They did it using AI, showing you images that the algorithms think are more relevant to your interests.
An independent data scientist, Youyang Gu, launched the site “Covid19-projections.com” in order to predict transmission rates. In the months after, it became one of the most widely-cited prediction websites for AI.
(Source: Global Market Insights)
These free AI fitness trackers were part of a program to encourage people to exercise more. Moreover, governments globally support the use of wearable tech to promote healthy lifestyles and curb rising health issues.
No one likes receiving those weird emails where someone claims a relative has died, and now you have inherited their fortune. After all, emails are supposed to be used for marketing and social communications. Luckily, artificial intelligence predictions indicate that these ever-evolving filters can be used to stop spam.
(Source: Marketing AI institute)
Artificial Intelligence statistics for 2021 show that Facebook has a deep learning engine capable of understanding the text on the platform with close to human accuracy.
AI Ethics and Governance is an emerging field, and for many companies and professionals involved in AI projects and AI development, we will need to demonstrate a working understanding of the AI Ethics Governance Framework. This certification will provide you with an in-depth understanding of the key areas to watch out for when deploying or using AI.
This 2-day professional certificate aims to provide guidance on issues to be considered and measures that can be implemented to build stakeholder confidence in AI and to demonstrate reasonable efforts to align internal policies, structures, and processes with relevant accountability-based practices in data management and protection.
About Aventis Graduate School
Aventis is a Global Graduate School, headquartered in Singapore with more than 60,000 learners across the world. Established since 2007, Aventis collaborates with leading universities across the United Kingdom and the United States to deliver best in class graduate education for working professionals across Asia. Aventis offers an exciting suite of artifical intelligence programmes including Graduate Diploma in Artificial Intelligence Strategy for Business , Graduate Diploma in Data Science & Artificial Intelligence