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Neural’s market angle for bogus intelligence in 2021 and beyond

The year is coming to a close and it’s safe to say Elon Musk’s anticipation that his aggregation would field one actor “robotaxis” by the end of 2020 isn’t going to come true. In fact, so far, Tesla’s managed to aftermath absolutely zero self-driving vehicles. And we can apparently call off the aberancy too. GPT-3 has been impressive, but the closer machines get to aping human accent the easier it is to see just how far away from us they really are.

So where does that leave us, ultimately, when it comes to the future of AI? That depends on your outlook. Media hype and big tech’s announcement apparatus has set us up for affliction when we analyze the absoluteness in 2020 to our 2016-era dreams of fully free flying cars and hyper-personalized agenda administration able of managing the workload of our lives.

But, if you’re appraisal the future of AI from a carefully financial, exchange point of view, there’s an absolutely altered angle to consider. American rock band Timbuk 3 put it best when they sang “the future’s so bright, I gotta wear shades.”

Artificial intelligence has been a admirable for the past five years when it comes to market growth and that’s absurd to change anytime soon. The simple account for this is that VCs and public investors don’t necessarily care about the big contemporary AI technologies as much as they do the ones they can profit from. And there are a lot of profits to be made in the all-embracing AI market over the next few years according to most market assay reports.

B2B technologies, such as call center AI, are steadily rising. According to a market report from Research and Markets:

In 2018, the global call center bogus intelligence (AI) market accomplished a value of $914.5 actor and is accepted to accomplish $2,990.1 actor in 2024, witnessing a 22.6% CAGR during the anticipation period (2019-2024).

We’re seeing agnate growth in relevant, accompanying industries across the apparatus acquirements spectrum when it comes to narrow-case B2B technologies. Here’s a quote from a Market Watch report on image acceptance technology:

Global AI image acceptance market will reach $8,898.2 actor by 2026, growing by 26.9% annually over 2020-2026 owing to the rising need for AI-enabled image acceptance technology amid the COVID-19 pandemic.

And, as far as the global market size for all AI technologies is concerned, Allied Market Research makes the afterward prediction:

The global bogus intelligence market size is accepted to reach $169,411.8 actor in 2025, from $4,065.0 actor in 2016 growing.

That’s a massive gain in such a short period, when compared to agnate tech markets, and a advantageous adumbration that the AI gravy train is still bleared along the tracks nicely – for those savvy enough to invest in the allegiant B2B AI technologies, that is.

As always the better players in the AI market – Apple, Amazon, Facebook, Google, and Microsoft – are major active factors for such lofty market predictions, but they also remain solid bets for AI advance purposes according to market trends going as far back as 2016.

Quick take: Get your advance advice from professionals you trust, not technology journalists. That being said, aggregate we can find in the points to a predictable, accepted uptick in AI adoption.

As the communicable forces businesses to invest in AI data technologies to accept an aberrant customer marketplace, it’s also reinventing the employee-based technology archetype through the administration of AI-powered remote-working software.

We may yet be years or even decades away from truly free cartage (no matter what Musk tries to tell you), but the market can’t get enough . That’s absurd to change in 2021 or the accountable future beyond next year.

Published November 9, 2020 — 21:16 UTC

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