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Artificial Intelligence: Capturing the State of AI in 15 Stats
Bill Gates, Elon Musk and Stephen Hawking earlier in the year all said that the rapid advance of Artificial Intelligence is something that we should be worried about. Yet just a few months later Elon Musk was in the news for investing in a $1 billion venture with the single goal of rapidly advancing the research of Artificial Intelligence. What gives? The message seems to be that Artificial Intelligence has the potential to bring about enormous change, but there is also a need for vigilance so that we can minimize the risks and potential dangers of the technology.
Reid Hoffman, co-founder of LinkedIn, told CNBC earlier in the week that “I think artificial intelligence is going to be transforming massive swaths of the area of work in the economy. Even affecting professional spheres. Ten to twenty years from now if you’re going to be an effective lawyer, doctor, or financial analyst, it will be in part your ability to use the technological implements, loosely going under the name of artificial intelligence.”
Venture Scanner recently published 15 visuals to capture the state of the AI business. A more enhanced Infographic version of the data was created by Appcessories. Like most industries in their infancy, the report finds that there are many small AI startups focusing on niche areas of the technology. Venture Scanner identifies more than 1000 AI companies that have been funded and categorizes those businesses into 13 areas with total venture funding exceeding $6 billion.
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