The age of Artificial Intelligence is upon us, in the next 15 years AI will transform the economy for the better. It is expected by 2035 AI will have an economic impact of $19 Trillion dollars. It is estimated that AI will create more value for global businesses than the current worth of the entire United States economy over the next 15 years. This is huge for an economy that in today’s current standings is crippling, Artificial Intelligence can pull us out of the hole we are in on a global scale due to the virus.
Artificial Intelligence is still in its early days, but it has come a long way and is already integrated in some parts of the world. It is just a matter of time before that estimate becomes a real number, and artificial intelligence is used everywhere on a global scale. AI will yield more productivity gains that human beings might not have otherwise imagined or discovered. This yielding power is something we need more now than ever, especially with the state of the world due to this ongoing virus. Imagine if we had already integrated it globally, we would be able to stay at home and control AI remotely.
In addition to AI’s effect on the world, it is good to note AI will disrupt millions of jobs, but millions of other jobs will be created. Those who see that this technological revolution is coming will be on the right side when it comes, those who do not may be at a disadvantage. It is crucial for this technology to be integrated sooner than later for its benefits, specifically economically are endless. It is time for society to get on the right side of this technological revolution for it is now time that AI will transform and take over the world.
https://www.adweek.com/digital/qa-how-ai-is-expected-to-have-a-19-trillion-economic-impact-by-2035/
LIS 4022 Spring 2020 