The billion-dollar business with artificial intelligence

Published on: August 30, 2018 / Updated on: August 30, 2018 – Author: Konrad Wolfenstein

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+++ The multi-billion dollar business of artificial intelligence +++ Germans give artificial intelligence a chance +++

The billion-dollar business with artificial intelligence

Tractica estimates global artificial intelligence (AI) revenue for the current year at US$7.3 billion . This forecast is based on 266 use cases for consumers, businesses, and government agencies. AI revenue is projected to reach approximately US$90 billion by 2025, with 47 percent generated by North American companies. Europe and Asia are each expected to account for roughly a quarter of the market.

You can find more infographics at Statista

Germans are giving artificial intelligence a chance

Germans see opportunities in many areas of life from the use of artificial intelligence (AI). This computer science technology involves programming computers to solve problems independently and "intelligently." As the infographic from Statista shows, the majority of Germans expect a reduction in traffic jams, easier work, and better medical diagnoses. At least one in three believes that politicians should make artificial intelligence a top priority.

You can find more infographics at Statista