INFOGRAPHIC: Predicting How AI in Business Will Transform Our Global Economy's Future
The AI revolution's long-term impact on the global business landscape is definitively unknown, but these AI statistics predict how the AI marketplace might look by 2030.
Artificial intelligence (AI) is already a reality for many businesses. The AI revolution's long-term impact on the global business landscape is definitively unknown, but these artificial intelligence statistics predict how the AI marketplace might look by 2030.
What is Artificial Intelligence?
AI is an area of computer science that emphasizes the creation of intelligent machines that work and react like humans. From the way we communicate to healthcare to autonomous driving, and even the way we bank and tackle everyday errands is being affected by the global business shift to AI.
What is the Future of AI in Business?
It's believed that by 2030, 70% of companies may have adopted at least one type of AI technology. That number alone is a great indicator of how businesses view the importance of AI.
And it's not just the technology that people are paying attention to; it's also the careers that are shaping from AI's emergence. The volume of AI and machine learning experts rose drastically over the past few years. In fact, the number of people claiming to have the educational and skills profiles to qualify as an AI expert rose by 66% between 2017 and 2018. Their impact is just starting to be felt on a global scale.
Soon, we'll all realize the power these industry experts have on our economic future.
From AI technology companies to industry organizations to government agencies, there are a lot of expert forecasts with interesting statistics on how these major sectors will operate in the AI marketplace by the time the year 2030 rolls around.
AI in Business Statistics and Predictions
Here are just some of the statistics on the rise of AI in business.
- 83% of early AI adopters have already achieved substantial (30%) or moderate (53%) economic benefits. - Deloitte
- The AI software market is predicted to reach $118.6 billion (USD) in annual worldwide revenue by 2025. - Tractica
- AI could contribute up to $15.7 trillion (USD) to the global economy in 2030. - PwC
- AI applications could create $150 billion (USD) in annual savings for the United States healthcare economy by 2026. - Accenture