What's next in AI 2023?

[celineanderson]

The inclusive democratization of AI: The complete realization of AI's potential hinges on its accessibility to all, enabling every company and organization to harness its benefits. Fortunately, in 2023, achieving this will be more seamless than ever before. An expanding array of applications is placing AI development capabilities within everyone's reach, regardless of their technical expertise.

 

Swift Democratization of AI Technology and Innovation: Until recently, AI was largely dominated by tech giants such as Google, IBM, Microsoft, and Amazon. However, a significant open revolution in AI technology occurred in a short span, resulting in the widespread accessibility of artificial intelligence.

 

Integration of AI in Business: A report by McKinsey & Company, a prominent consulting firm, reveals that the adoption of AI in the business landscape has more than doubled over the past five years.

 

Increased AI Investments: Anticipating a continued surge in AI investments by 2023, particularly in sectors directly impacted by economic and supply chain disruptions, as well as mature industries like financial services, retail, healthcare, and manufacturing, which often experience elevated AI adoption rates.

 

AI Stocks: With the tech industry's momentum in 2022 propelled by Chat GPT and escalating AI investments, the burgeoning sector has experienced renewed vitality. Stocks such as Microsoft, Google, and Baidu have taken center stage in news and market charts, bolstering emerging AI initiatives, including those in the aviation sector.