What changes does AI bring to the market?
Artificial intelligence (AI) is not a single technology, it is a concept that encompasses a variety of technologies, including natural language processing (NLP), speech recognition, and machine learning platforms. With increasing interest in corporations regarding AI, there has been a corresponding increase in AI related products.
Transportation
Self-driving cars using deep learning technology
Financial Service
AI financial advisor to monitor and invest in markets using machine learning algorithms
Entertainment
Cognitive movie trailers using machine learning techniques
Insurance
AI insurers using AI to facilitate claim processing and streamline manual processes
Data and Trend of AI in Business
Why should you start using AI related products and solution?
MIT Technology Review has reported that Chinese government pledged to invest $15 billion by 2018[1]. AI will soon become the trend in the Chinese market
Deloitte estimated the amount of collected data doubling every 12 months and reaching 44 zettabytes by 2020[2] . Big data creates the need to automate data processing
Between 34% and 44% of surveyed global companies are already using AI in their IT departments[3]
AI leaders predicted that by 2020 AI will have its biggest internal impact on their back-office functions of IT and finance/accounting[3]
[1]5 Big Predictions for Artificial Intelligence in 2017
[2] Deloitte predicts machine intelligence, not mere A.I., as a big trend for 2017
[3] How Companies Are Already Using A.I.
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