by winston » Tue Jan 07, 2020 8:43 am
Artificial Intelligence
A recent study by Accenture found that in 12 advanced economies with combined GDPs of roughly $61 trillion, artificial intelligence (AI) can double economic growth by 2035.
That's leading to a whole lot of spending -- and opportunities to make money -- on AI technologies.
IDC expected worldwide spending on AI systems to climb 44% in 2019 to $35.8 billion, with some $13.5 billion going to AI software platforms and AI apps.
No wonder AI has quickly become red-hot. After all, the market opportunity is massive. Gartner estimates that spending on AI will grow at an average compound annual growth rate of 18%, reaching $383.5 billion in 2020.
Source: Investor Place
It's all about "how much you made when you were right" & "how little you lost when you were wrong"