Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

How AI can be a ‘multivitamin supplement’ for many industries

Sep 30, 2023 - venturebeat.com
The article discusses the current state of AI and its potential future implications. It highlights that AI is a popular topic and the global generative AI market is expected to surpass $22 billion by 2025. The author suggests that businesses should focus on leveraging AI-human synergy to boost growth and job creation, rather than eliminating jobs. The article also emphasizes that AI is excellent for data aggregation, parsing, and analysis, and can provide basic customer service assistance.

Looking into the future, the author predicts that AI will supplement many industries, filling in gaps and making work less burdensome for humans. It is suggested that people will take on more supervisory roles as automation and robotics handle routine tasks. The author also discusses the impact of AI on startups, stating that it is beneficial for startups to incorporate AI into their business plans as it is attractive to investors. However, they should also be prepared to address ethical implementation and fair use issues.

Key takeaways:

  • The global generative AI market is growing at a CAGR of over 27% and is expected to surpass $22 billion by 2025.
  • AI should be leveraged to boost entrepreneurship and business growth, leading to job creation and a better overall job market.
  • AI will strengthen companies' existing operations and fill in gaps, making work less burdensome for human laborers.
  • Startups should incorporate AI into their business plans as it is attractive to investors and is here to stay.
View Full Article

Comments (0)

Be the first to comment!