In a report specially prepared for the World Economic Forum meeting of world leaders from business and politics at Davos, Switzerland, Infosys says businesses and economies which adopt artificial intelligence are seeing dramatic growth.
The IT consulting giant says companies and countries which embrace AI can expect to see revenue rise around 40 per cent by 2020.
In a number of talks and statements at this year’s World Economic Forum, held in Davos, Switzerland, artificial intelligence has been taking centre stage, with many saying that while no one really knows the limit of the technology, it has already had profound effects on business and society.
One of Google’s original founders, Sergey Brin, said he looked at AI a few years back, and didn’t really know AI would develop to the extent it has done.
By Abdul Razack, SVP and head of platforms, big data and analytics at Infosys
Artificial intelligence is rapidly changing the business and consumer landscape, but has it reached its full potential?
With the wide adoption of automation and machine learning among organisations, we’re closer than ever before. And in 2016, we will continue this momentum and see artificial intelligence redefine the future of work, deliver on the promise of big data, and even transform consumers’ lives.
Artificial intelligence will define the future of work