AI used to be the stuff of sci-fi movies, but now it's all around us — computer vision and chatbots have become part of the standard business processes. Recently, artificial intelligence has reached its peak and made a breakthrough that has affected almost every industry, from high tech, telecoms, finance and healthcare to pharmaceuticals.
The global AI market is expected to grow by more than $500 billion between now and 2030, according to various studies. IDC, a market research firm, predicted that the AI market will be worth over $500 billion by 2024. Let's figure out why.