Reports from Tractica suggest that a huge surge of $58.37 billion in annual revenue from AI-based products and services is to be expected by 2025.
Before we talk about how big AI is getting and how it’s making its way through every industry, let’s take a look at its history.
In 1956, Prof. John McCarthy coined the term Artificial Intelligence during a conference held in Dartmouth, US. The aim was to explore ways to craft a machine that could improve, think, solve problems, and interact like a human. A small example of this is: today, we are leveraging AI-powered algorithms in voice-based assistants which interact with us based on our commands.
While AI is rapidly making its place in industries like finance, search marketing, healthcare, ...