The most important story in the world this week is the arrest by Canada of Meng Wanzhou, the CFO and heir to the Huawei dynasty in China. She was arrested by Canada at the request of the US. Ms. Wanzhou is the most important person in the world in AI and automation at the moment. ...
MIT Technology Review has released a fascinating report on AI in Asia that is worth a read. Banks see AI as destructive According to the Report, the financial services industry in Asia is pessimistic about the future of AI, while all other industries see AI as a positive influence. The financial services sector felt that automation would destroy value. Industries in Asia, except banking, ...
Market value of $153 billion The artificial intelligence and robotics market was worth US$10.7 billion in 2014 and is expected to be worth US$153 billion by 2020 and to have a disruptive impact of between US$14 to US$33 trillion. The component for artificial intelligence alone (without robotics) is worth US$70 billion. Artificial intelligence is expected to ...
