Invest in Artificial Intelligence

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Artificial intelligence is a broad term that includes different technologies working in concert to enable machines to analyze, execute, and learn with human-like levels of intelligence.  Machine learning, deep learning, robotics, neural networks, natural language processing, and genetic algorithms, are all subsets of the AI spectrum. 

The evolution of AI is already changing the work we live and work profoundly.  Many manufacturing, financial, healthcare, and transportation businesses have integrated AI into their operations, thus reducing costs and boosting productivity.

According to the IBM Global AI Adoption Index 2023:

• 42% of enterprise-scale organizations surveyed have AI in their businesses.  Early adopters are leading the way, with 59% of responding enterprises already working with AI intending to accelerate and increase investment in the technology. 

• Organizations in China (85%), India (74%), and the UAE (72%) are the markets most likely to be accelerating AI rollout, while businesses in the UK (40%), Australia (38%) and Canada (35%) were the least likely to accelerate the rollout. 

• The financial services industry is most likely to be using AI, with about half of IT professionals within that industry reporting their company has actively deployed AI.

Artificial intelligence is no longer just a buzzword but it is the frontier for investors in the innovative companies and the technology sector.