A talk given by Dr. Monica DeZulueta on how Artificial Intelligence (AI) can impact the industries in South Florida. What the Analysts are saying about the impact of AI on the economy and industry.
3. DEFINITIO
NS
• Artificial intelligence is the intelligence
exhibited by machines or software. It is
also the name of the academic field of
study which studies how to create
computers and computer software that
are capable of intelligent behavior.
• Machine Learning
• Machine learning is a subfield of
computer science that evolved from
the study of pattern recognition and
computational learning theory in
artificial intelligence.
• Deep Learning
• Deep learning is part of a broader
family of machine learning methods
based on learning data
representations, as opposed to task-
specific algorithms. Learning can be
supervised, partially supervised or
4. WHAT ARE
THE
ANALYSTS
SAYING
• McKinsey - Tech giants spent 20-30B on AI in
2016
• Tractica – Predicts that by 2025 it will be a
59.8B industry
• IDC – Expects AI to grow to 47B industry by
2020
• Forrester – By 2018 automation will change
every job category by 25%
• Gartner - AI Will Create 2.3 Million Jobs in
2020, While Eliminating 1.8 Million
• PWC – Global GDP will be 14% higher in 2030
as a result of AI – the equivalent of an
additional $15.7 trillion