Which sectors will make a killing in AI Forecast 2017 – 2023
“The AI bubble burst will clear the air for sustained growth in key sectors. This is more than double the expected annual return from AI even by 2023 and so there is no way this is going to generate a return on investment over the forecast period”
The AI bubble is due to burst after several years of sustained hype have generated unrealistic expectations that cannot be met and excessive investments that cannot possibly be paid back. This is the key message in this report on AI (Artificial Intelligence) technologies.
This report finds the AI market will only reach $39 billion globally by the end of 2023, considerably less than most previous forecasts. The shortfall is explained by the fact that in some sectors, AI will flop dismally over the forecast period, while thriving in others.
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