Artificial intelligence: investments doubled in the last year. Forecasts up to 2025
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Artificial intelligence: investments doubled in the last year. Forecasts up to 2025

Investments in artificial intelligence have doubled in the past year. This is what emerges from the fifth edition of the Artificial Intelligence Index Report, prepared by the Institute for Human-Centered AI of Stanford University. A group of experts from academia and the corporate landscape highlighted that private individuals invested 93.5 billion dollars (about 85.35 billion euros) in 2021, or more than double the 46 billion dollars (about 42 , 5 billion euros) recorded in 2020.
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The increase in spending on artificial intelligence: forecasts up to 2025

Continuing the economic analysis, it is noted that AI companies attract financing rounds of more than 500 million dollars with greater ease (15 in 2021 against four in the previous year). The start-up sectors that receive the most resources are data management, processing and cloud (12.2 billion dollars), while companies operating in the medical and fintech sectors follow. We talked about start-ups, but it should be noted that the number of newly established AI companies has decreased : 746 in 2021 against 762 in 2020 and 1,051 in 2019.

It should also be remembered what was estimated in a IDC report, which has provided for a increase in spending on artificial intelligence by a further 20% by 2025, for a total volume at country level of 120 billion dollars (about 110.8 billion euros) and which will lead the US to represent 50% of all investments in artificial intelligence in the world.

The importance of artificial intelligence in the world of work

The rise of the economy linked to artificial intelligence has also led to a shift in the labor market. The largest increase in hiring is found in New Zealand and Hong Kong, while in Europe Sweden, Luxembourg and Ireland are brilliantly defending. If we look at the job offer, however, by calculating the specific announcements in relation to the totality of the hiring proposals, Singapore emerges, closely followed by the USA, Canada and Great Britain.

In the American market, on which the study of the famous Californian University is particularly concentrated, those specializing in machine learning, neural networks and natural language processing are particularly sought after.. The United States of America represent the leading country in private investments in artificial intelligence and double the economic volumes recorded by China. The Asian giant, however, excels in the quantity of AI publications, conferences and repositories (+ 62.3% compared to the American panorama).

The largest number of jobs related to the use of solutions related to artificial intelligence are found in the information sector (3.3% of the employed), followed by professional ICT services (scientific and technical, 2.59%). There is also space in the manufacturing industry (2.02%) as well as in finance and insurance (1.81%), without forgetting the primary sector (0.95%). The public administration and educational services fall further behind.

The future of artificial intelligence: investments and growth by 2025

According to researchers from Stanford University, investors are not betting too much on the present , but above all on the future and on the potential of artificial intelligence. in the world of tomorrow. At the moment, the various problems of ethical and civil responsibility also affect, which require time to settle them within a framework of rules and principles.

The research shows the risk of a possible speculation on this type of technology and its applications, as many companies would be trying to attract financing in projects that could fall short of expectations , causing a feared change of attitude on the part of private investors and a deflationary effect. .

The IDC report is projected towards 2025 and believes that in three years the main target segments of investments in artificial intelligence will be that of commerce and retail (28%), followed by banking. It is an interesting vision that makes us understand how large companies are moving and in which area are the most virtuous realities, already projected towards the future as regards AI.

The future of artificial intelligence: investments and growth by 2025

Artificial intelligence patents and their impact on the real world

Another parameter that certifies the exponential growth of artificial intelligence at a global level concerns the request for patents, it is increasing at record rates on a global scale: there is even talk of an increase of 30 times compared to what occurred in 2015, the numbers are doubled compared to 2020. Natural competition emerges between the US and China, but the two countries have established a fruitful partnership that has led to the publication of joint research and to the establishment of a higher degree of collaboration than that between other nations.

Jack Clark , head of the AI Index program along with Ray Perrault, drew his conclusions about the report and said that 2020 was a turning point year for artificial intelligence, moving from the phase of emerging technology to a phase of maturity. AI has definitively emerged from a sector linked exclusively to scientific research, but it has become a factor capable of having a huge impact on the real world.

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