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AI is affecting all aspects of both our work and life.
Karl Freund, Senior Analyst at Moor Insights and Strategy, said that “I cannot think of an industry that will not be impacted. From government to education to finance to healthcare to manufacturing…. AI will be pervasive.”
It’s not just the algorithms and software where we’re seeing big technology advances. Hardware has been a key enabler of AI, if not the key.
Daniel Riek, senior director of AI for Red Hat, said that “with AI, we are back to where performance actually matters. Suddenly there is a direct business impact, and we have people talking about instruction sets and processor speeds again.”
A McKinsey report sees the trend towards AI as a huge opportunity for semiconductor companies. “The AI and DL revolution gives the semiconductor industry the greatest opportunity to generate value that it has had in decades. Hardware can be the differentiator that determines whether leading-edge applications reach the market and grab attention. The best semiconductor companies will understand these trends and pursue innovations that help take AI hardware to a new level.”