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Artificial intelligence will be a 14 billion dollar industry in 5 years

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Artificial intelligence will be a 14 billion dollar industry in 5 years

Artificial intelligence is a vital tool for brands, because it reduces operating costs, since in its latest report, Facebook Messenger revealed that its platform has more than 65 million chatbots in the world of companies, governments, and even some SMEs.

Artificial intelligence is a vital tool for brands, because it reduces operating costs, since in its latest report, Facebook Messenger revealed that its platform has more Columbia Phone Number List than 65 million chatbots in the world of companies, governments, and even some Small and Medium Enterprises (SMEs).

Some consulting firms, such as PwC, refer that AI will be seen by CEOs as a commercial advantage by 72 percent before 2020, in addition to that by 2018, 75 percent of development teams will include artificial intelligence in their services. Business Insider data indicates that artificial intelligence (AI) will reach a compound annual growth rate of 17.2 percent by 2023 , that is, it will be a 14 billion industry by 2023, when in 2015 it was only 525 million dollars.

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The latest figures from the World Economic Forum indicate that automated systems are on track to replace more than 5 million workers in 2020 , in the United States alone, which would represent 7 percent of jobs by 2025. Likewise, automation could create other jobs from academic training, since CVs will ask for some AI handling or what kind of knowledge they have in this regard.

As revealed by Facebook Messenger, 61 percent of brands that have Brother Cell Phone List an innovation strategy say they use AI to identify opportunities in data that would otherwise be lost, which indicates that by 2020, 85 percent of interaction with customers will be managed artificially.

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