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Factopedia
The global AI market
Ability to Complete Dangerous Tasks is predicted to
snowball in the next
AI-enabled machines/systems can explore in space, go
few years, reaching a
underwater, help in digging and mining tasks. The tasks that
$224.58 billion market
are considered dangerous for human beings can be easily
value in 2030.
handled by using AI-enabled machines.
An artificial
intelligence can
accurately translate
thoughts into
sentences, at least for
a limited vocabulary
Let’s BaCk-uP of 250 words.
Some domains of AI are: Natural Language Processing
(NLP), Data, and Computer Vision.
NLP is focussed towards the communication between
human and machine through the naturally spoken
language.
Data refers to facts and figures that are processed to find The big data analytics
meaningful results. market is set to reach
Computer vision works like human vision as it helps AI $128 billion by 2030
systems to gather and process information through digital and the poor data
images. quality costs the US
AI has various advantages over humans like, process economy up to $3.1
automation, quick decision making and data analysis, etc. trillion yearly.
Domains of AI 171

