These days, it seems like hardly a day goes by without someone writing another article or making a video about the major advances in artificial The latest AI intelligence technology. In fact, the AI market has grown considerably in recent years, and the topic has been on everyone’s lips for quite some time now.
In this article, thanks to a study conducted by Passport Photo Online, we will explore the latest statistics on AI, take a closer look at how AI technologies have changed and continue to change the business landscape, and look ahead to the future and its ultimate impact.
How is the AI market performing?
To say that business is booming would be an understatement, considering how AI technology is slowly entering every sphere of our lives and being incorporated into all kinds of devices afghanistan phone number list and software. By 2023, AI is all around us, with self-driving cars now more than just a fixture of science fiction films, efficient and credible virtual assistants, and countless computer programs that make use of machine learning techniques.
The figures that support the rise of this technology prove it.
Valued at ~$371 billion in 2021, things are only looking better for anyone who has invested in these technologies. It is understood that in a few what is an infographic years, in 2029. We will no longer be talking about the market value in billions, but in trillions. The exact figure we are talking about is $1.3 trillion, a perfect testament to how gigantic the AI market has become. To quote Dewey from the beloved TV series Malcolm in the Middle: “The future is now.”
How has AI affected businesses?
As technology advances, AI capabilities are growing and becoming not only more convenient for countless businesses, but also a new standard. To improve labor productivity by a whopping 40%.
The majority of IT and singapore data engineering leaders (78%) are already using or planning to use AI to automate workflow. After all, its capabilities, at the very least. Make life much easier by taking over tasks that would be time-consuming and arduous for the human mind. You can read all about how Accuranker uses AI to help you determine search intent here.
In fact, today, professionals in almost every niche work with AI in one way or another. The technology has successfully infiltrated the mainstream. To the point that 86% of workers consider it normal and nothing out of the ordinary. That’s how much we’ve become accustomed to dealing with AI.