WSJ: AI-related applications to the US Patent Office grew to about 3,800 in 2018 from roughly 3,200 in 2017 and about 1,900 in 2014.
IDC 2020 IT Predictions
The focus for IDC’s 10 predictions for next year and beyond is the rise of the digital economy. By 2023, IDC predicts, over half (52%) of global GDP will be accounted for by digitally transformed enterprises. This digital tipping point heralds the emergence of a new enterprise species, the digital-first enterprise.
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Growth in the Number of Websites, 1991-2019
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AI by the Numbers: 65% of Businesses Report No Return on AI Investments
Recent surveys, studies, forecasts and other quantitative assessments of the progress of AI highlighted the rapidly increasing expectations regarding the business benefits of AI and the low incidence of business gains so far; the increasing adoption of AI by businesses worldwide and the challenges in its implementation and integration with exiting processes; and how companies respond to AI by both reducing and training their workforce.
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635 AI Acquisitions Since 2010
A report by CB Insights shows that, as of August, 2019 was on track to surpass last year’s record number of AI startup acquisitions. The annual tally has grown an average of 38 percent every year since 2010.
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Automation and Robots Take a Byte Out of US National Income
Bloomberg: Automation has “contributed substantially” to reducing the portion of national income that goes to U.S. workers over the past two decades, according to a new study by economists at the Federal Reserve Bank of San Francisco. Despite the lowest unemployment rate in around 50 years, the so-called labor share has fallen to about 56% from 63% in 2000 and the increased use of robots and other technology has been an important driving factor.
Posted in Artificial Intelligence, Robotics
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Top websites writing about AI in the past year
Source: Decoding AI in the US
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Father of Deep Learning on its Current Limitations and Intel Experts on its Superpowers
Asked what is the biggest misconception about AI, Yoshua Bengio answered without hesitation “AI is not magic.” Winner of the 2018 Turing Award (with the other “fathers of the deep learning revolution,” Geoffrey Hinton and Yann LeCun), Bengio spoke at the EmTech MIT event about the “amazing progress in AI” while stressing the importance of understanding its current limitations and recognizing that “we are still very far from human-level AI in many ways.”
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VC Investment in China AI Startups
Chinese AI startups received $6.1 billion in VC funding over the past four years – almost 70% more than their U.S. counterparts, which raised $3.6 billion during the same period.
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