- Artificial intelligence (AI) is growing rapidly, with the global AI market projected to reach billions of dollars by 2030. This growth is driven by advancements in machine learning, increased data availability, and the integration of AI into businesses. - Market size The global AI market was valued at $136.55 billion in 2022. The global AI market is projected to reach $407 billion by 2027. The US AI market is expected to reach $594 billion by 2032. The global AI market is expected to reach $826 billion by 2030. - AI adoption 63% of organizations intend to adopt AI globally within the next three years. 77% of devices being used have some form of AI. 9 out of 10 organizations support AI for a competitive advantage. - AI benefits AI systems automate repetitive and time-consuming tasks, which increases job satisfaction and boosts productivity. AI will drive greater product variety, with increased personalization, attractiveness and affordability over time. - AI challenges Few respondents report having risk-related practices in place to scale gen AI use responsibly. Learn more and stay Updated here: https://whatsapp.com/channel/0029Vb6f98p8vd1SlH5cKz2v