Several trends are affecting the AI sector, including the increased use of AI assistants in service sectors, more adoption among Fortune 500 companies, the rise of generative AI, growth of natural language processing systems, and AI in healthcare. AI assistants can streamline processes in legal services, public administration, and citizen services. Fortune 500 companies are expected to refine their AI-driven strategies, while generative AI and natural language processing systems are set to produce original information and realistic responses, respectively. In healthcare, AI is expected to grow immensely in areas like diagnosis, treatment, drug discovery, and medical research.
Key takeaways:
- The AI market is growing rapidly, with a projected compound annual growth rate of 37.3% until the end of the decade, potentially contributing $15.7 trillion to the global economy by 2030.
- AI assistants are expected to revolutionize various sectors, including legal services and public administration, by automating and digitizing services, making them more accessible and efficient.
- Fortune 500 companies are predicted to adopt AI at a faster pace, with no-code solutions democratizing AI adoption and enabling integration of advanced technologies without extensive technical expertise.
- Generative AI and natural language processing systems are on the rise, with potential applications in entertainment, education, and accessibility, and the healthcare sector is expected to significantly increase its use of AI for diagnosis, treatment, and drug discovery.