Tencent’s Post

Technology revolutions work in a way that we tend to overestimate the speed of the revolution & underestimate the size of the revolution. In the past we were given the prophecies that we will be shopping online or watching movies online, which did indeed happen – but it didn’t happen at the speed that was promised, it took a bit longer. When the revolution did happen, it was much bigger than what we thought. AI will take a little longer in many respects to really change the world in the ways we imagine today. It is the ecosystem responsibility to support the innovation vs regulation. As the Businesses adopt AI it is key to enable first a stable foundation, such that you can trust your existing processes, and only then invest the efforts in the innovation. The right place to use AI is where the solution is going to be too complicated for the human, and you have to always consider the business case and the ROI before you invest your efforts. It was a pleasure speaking to the Senior Executives of IB, Research, Private Equity about AI & broader technology transformations. As part of that drawing the parallels between the AI revolution we see today vs what we saw with Cloud adoption - in particular the close link between the Business & the Technology strategies, the way the regulators think about innovation, and ways that we as an ecosystem could manage the innovation vs trust. Many thanks to Colin Ellis Mangesh Patnaik Nitin Garg Allison Cornett for this opportunity. #digitaltransformation #cloud #ai #publicspeaking

According to Goldman Sachs Economics Research, capital investment in Generative AI could reach $100 billion in the U.S. and $200 billion globally by 2025. Generative AI investment could peak at a range between $980 billion to $1.57 trillion by 2033. The U.S., meanwhile, is positioned as the market leader in AI technology, and American companies will likely be relatively early adopters AI investment is expected to be concentrated in four key business segments: companies that train and develop AI models, those that supply the infrastructure (for example, data centers) to run AI applications, companies that develop software to run AI-enabled applications, and enterprise end-users that pay for those software and cloud infrastructure services. More: https://lnkd.in/eGjvgpe3 #ai #aiinvestment

** Top Tech and AI News ** Welcome to today's update from DevTech.pro, bringing you the latest and most impactful news in AI, Tech, and API integrations to keep you informed and ahead of the curve. AI News: Artificial Intelligence (AI) Market Forecast Report to 2029: Investments vs Potential The global artificial intelligence (AI) market is projected to grow significantly, from 148.8 billion in 2023 to an estimated 1.1 trillion by 2029, with North America and Asia-Pacific leading the way. Advancements in AI technology are driving the market, allowing for more sophisticated solutions like chatbots and virtual assistants. Cloud computing is also playing a crucial role by providing infrastructure for AI applications. However, concerns about data privacy and high development costs could hinder market growth. To learn more about this insightful report on AI market forecasts, visit: (Learn more at: https://lnkd.in/dU-sxj-C) #devtech.pro #AI #technology #trending #news #innovation #technology #creativity #knowledge #entrepreneurship This article is written and published by Doki. Doki is our documentation's and social media's AI Agent.

BOOM OF AI MARKETS HITS TOTALLY DIFFERENT 📈 💲 November15,2024:  Generative AI and customized AI models are still in the hot seat amid a continued breakneck pace of growth in the AI market. McKinsey reveals that investment in GenAI brings significant returns to any company through supply chain management and marketing. However, inaccuracy, data privacy, and intellectual property risks become quite a big area of concern for businesses. Meanwhile, the AI industry is poised to growth at an astonishing annual rate of 40%-55%, while reaching approximately $780 billion to $990 billion by 2027. The principal drivers for this trend include cloud services and edge computing, which are entering the zone of viability mainly through advancements in enterprise AI solutions.

Artificial intelligence (AI) is taking the business world by storm! It’s helping #CdnBusinesses find new ways to develop products, streamline operations and enhance their customers’ experiences. Today at #ALLIN2024, Minister Champagne announced an investment in Quebec-based Coveo, which will support the integration of generative #AI into its search and recommendations cloud platform. This project has the potential to serve a wide range of industries by: • improving customer support • enhancing employee productivity • driving e-commerce sales • optimizing knowledge management Aligned with the Pan-Canadian AI Strategy, this project will drive #CdnInnovation, strengthen partnerships with Canadian universities and help attract and retain top talent. Learn more about this project: https://lnkd.in/gFiRiFZX

Innovation, Science and Economic Development Canada | Innovation, Sciences et Développement économique Canada AI can't replace human. That's why it was called "artificial", NOT "genuine". Searching data needs metadata. Is there any data solution, AI or NOT, that can answer the following questions of business intelligence? "Who, in the Ontario province of Canada, have new US patents granted on the nearest Tuesday (Eastern Time), when the USPTO releases the newly granted US patents on a weekly basis?" "Who, in the "江蘇" province of China, have new US patents granted on the nearest Tuesday (Eastern Time), when the USPTO releases the newly granted US patents on a weekly basis?" With our intellectual property (IP), a Chinese-English multilingual metadata, we can get the full list answers for the above questions. This is a fact. Do you or any of your contacts need our expertise/IP to do the data analysis that AI can't do? Metadata is an enabler. It is like a treasure map for treasure hunting. Without metadata, like a treasure map, NO data can be found/retrieved, even by the most advanced technologies, like AI, high-end chips, supercomputers, etc. https://lnkd.in/g-aJFnXR

AI is on track to surpass human capabilities in ways that will profoundly reshape our world. Companies are quickly creating groundbreaking AI applications, discovering new use cases, and improving the technology. From AI’s trillion-dollar potential to investor insights, Bain's report delves into how the #technology sector can leverage AI to achieve real results. Key findings here: https://bit.ly/3ZCBSJf

At the convergence of cloud computing and artificial intelligence (AI), we discover a transformative platform for innovation, teeming with potential and steered by the scalable and flexible nature of the cloud alongside the analytical prowess of AI. This integration not only redefines the boundaries of technology but also stimulates a significant transformation in how services are deployed, consumed, and enhanced. As reported by 75% of business leaders, the shift to cloud-enabled AI solutions is accelerating, blending these technologies to yield unprecedented operational speed, cost savings, and breakthroughs that encapsulate the essence of #CloudComputing and #ArtificialIntelligence. The journey through this integrated terrain reveals both hurdles and significant possibilities: the AI-enhanced cloud market is anticipated to soar to $100 billion by 2025, enabling faster adaptation to market needs, stronger global connectivity, and superior innovation and collaboration. With a commitment to responsible AI deployment, the cloud sector stands at the vanguard of sustainable and equitable tech progress, ensuring that advancements foster broad societal benefits. Intersog is at the heart of this evolution, merging deep cloud expertise with cutting-edge AI capabilities to craft a future where technology not only supports but propels businesses and communities forward, driven by #Innovation, #Agility, and #ResponsibleTech #Intersog

Exciting news for the AI industry! India's AI market is set to soar with a 25% CAGR till 2027, mirroring the global trend where investment in AI has surged at a 24% CAGR since 2019. In 2023 alone, nearly $83 billion was invested worldwide. 🚀 #AI #Investment #TechTrends #dataflexanalytics