Market size is expected to reach 100 billion
According to reports released by UBS, artificial intelligence technology has developed rapidly in recent years and is currently at a critical stage in the development of weak artificial intelligence to general artificial intelligence. The application of artificial intelligence in various industries will become more and more common in the future. For example, agriculture, transportation, finance, manufacturing and other industries will all have artificial intelligence. By 2020, the global artificial intelligence market is expected to reach a size of 120 billion to 180 billion US dollars. The UBS report predicts that there will be as many as 50 to 75 million jobs affected by artificial intelligence in the world in the future. However, the application of artificial intelligence will not lead to large-scale unemployment on a global scale. Instead, it will create more Creative jobs.
A large number of foreign technology giants have already made great efforts in the field of artificial intelligence. At the end of September, Google had just announced the acquisition of API.AI, a chatbot startup company, to further strengthen voice recognition technology. Since 2013, Google has been in the layout, from the acquisition of deep learning and neutral network startup DNNresearch, to the acquisition of artificial intelligence DeepMind company for 400 million US dollars, Google step by step in the field of artificial intelligence. In addition to Google and Intel, Apple spent $200 million to acquire Turi in August; Amazon acquired Orbeus, an artificial intelligence startup with image recognition technology, in April of this year.
In China, the large Internet companies represented by BAT (Baidu, Alibaba, and Tencent) are also gradually deploying artificial intelligence. From Baidu's Q3 financial report, artificial intelligence technology is becoming an important growth point for Baidu. As the earliest Chinese Internet company that deployed artificial intelligence, Baidu used the “Baidu brain†as an engine and applied it to all major business lines. In August 2015, Aliyun announced the launch of DTPAI, the country’s first personal smart platform. Developers can complete the analysis and mining of massive data, as well as the prediction of user behavior, industry trends, etc., by simply dragging and dropping. Tencent certainly will not absent from the artificial intelligence feast. Tencent has established an AI lab. Lin Songtao, Tencent’s vice president, stated that it has built a number of capability platforms including artificial intelligence platforms to support third-party developers.
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