The artificial intelligence (AI) sector is witnessing an unprecedented surge in investment. According to the latest estimates from global banking institution Goldman Sachs, these investments are expected to reach as much as $200 billion over the next two years. This significant growth could surpass even the importance of electricity or computers.
Economists at Goldman Sachs, Joseph Briggs and Devesh Kodnani, say in their report that generative AI could increase global labor productivity by more than 1 percentage point a year in the decade after its widespread deployment.
Investment in AI is expected to be concentrated primarily in four key business segments. These segments include companies that engage in the development and training of AI models, those that provide infrastructure such as data centers to run AI applications, companies that develop software to run AI applications, and most recently, end users who pay for these software and cloud infrastructure services.
Although it may take some time for AI to increase productivity, market interest in AI is already growing rapidly. This growth is largely due to the launch of text-based AI tool ChatGPT in Q4 2022, which contributed to about half of this increase.
Source: kryptomagazin.cz
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