AI and machine learning have changed the employment scenario in indescribable ways.
It comes as no surprise that the current AI market is burning hot right now. According to a Gartner report, AI’s business value is estimated to reach USD 3.9 trillion by year-end. IDC states that the worldwide spending on AI and cognitive systems will be near about USD 77.6 billion by the end of 2020. The report also says that cognitive capabilities will harm almost every IT industry.
McKinsey Global Institute says that AI and machine learning can create an added value of near about USD 2.6 trillion in the marketing and sales by the end of the year. Additionally, this will be reflected mostly in the manufacturing and supply chain planning.
The AI market is bound to rise and not cease until the foreseeable future. AI professionals looking to grow their career must know that their future will excel.