Artificial intelligence is changing the way various businesses sectors work, from marketing, customer service, data research to operations.
Artificial intelligence (AI) has become part of our daily life, whether through search engine algorithms or the use of Siri or Alexa on our mobile phones for translation, taxi requests or math calculations.
Businesses are taking big steps in adopting AI in their daily operations. The percentage of enterprises employing AI has grown by 270 percent over the past few years, according to Gartner, Inc.
Total AI investment by firms globally surged to a record-high $77.5 billion in 2021, up from $36 billion in 2020.
The Global AI Index measures national AI preparedness in 62 countries worldwide across more than 120 indicators. Its key findings reveal that the US has benefited most from this investment drive: US-based companies pulled in two-thirds of total global venture funding in AI in 2021 – or $51 billion worth of investment.
Results have showed that organizations across all industries use AI in a variety of applications, but struggle with acute talent shortages.
Continue reading: https://www.trtworld.com/magazine/how-will-ai-transform-business-55055
Artificial intelligence (AI) has become part of our daily life, whether through search engine algorithms or the use of Siri or Alexa on our mobile phones for translation, taxi requests or math calculations.
Businesses are taking big steps in adopting AI in their daily operations. The percentage of enterprises employing AI has grown by 270 percent over the past few years, according to Gartner, Inc.
Total AI investment by firms globally surged to a record-high $77.5 billion in 2021, up from $36 billion in 2020.
The Global AI Index measures national AI preparedness in 62 countries worldwide across more than 120 indicators. Its key findings reveal that the US has benefited most from this investment drive: US-based companies pulled in two-thirds of total global venture funding in AI in 2021 – or $51 billion worth of investment.
Results have showed that organizations across all industries use AI in a variety of applications, but struggle with acute talent shortages.
Continue reading: https://www.trtworld.com/magazine/how-will-ai-transform-business-55055
