The emergence of AI has brought significant changes to various industries, from healthcare to finance. This explores the role of AI in shaping the future of the global economy.

Key Points:

1. AI is transforming the economy by automating tasks, improving productivity, and creating new opportunities for businesses and entrepreneurs.
2. The development of AI is driving the growth of new industries, including autonomous vehicles, robotics, and virtual assistants.
3. AI is helping to solve some of the world’s most pressing problems, such as climate change, disease detection, and poverty reduction.
4. The adoption of AI is accelerating, with many companies investing heavily in AI research and development.
5. The emergence of the AI economy is creating both challenges and opportunities for governments, businesses, and individuals.

Personal Insights:

• Pace of innovation in tech is driving traditional companies out of business
• We’re in for another big run of innovation, like when consumer internet birthed, but much much faster.

Article Highlights:

This all started when Google open sourced its Machine Learning library TensorFlow, AI library and Tensor Processing Unit. Someday we will look back and say how this was the turning point of the AI Economy

Already 10-20 years from now we will look back at current computing infrastructures, data centers, desktop machines and devices and smile like when we look at the outdated computing methods of the 1950s.

Source Article:

• https://www.forbes.com/sites/cognitiveworld/2019/03/04/ai-economy-will-further-accelerate-the-pace-of-innovation/