How can media markets survive the inevitable AI bubble burst?

The global AI market will reach just $39 billion by the end of 2023, giving rise to a bubble which is destined to burst – dragging with it millions of dollars of venture capital funding into the abyss. Most AI riches will become conglomerate exclusives, while only a handful of niche companies will thrive in specialist sectors. This contrarian view towards otherwise over-hyped AI markets comes from the AI: Show me the Money report published this week by the research arm of our Internet of Things sister publication Riot – diving into which sectors will make a killing in AI with a market forecast from 2017 to 2023. AI in media markets will be one such niche, where many of…