Artificial Intelligence

A Future Prognosis

Kerry Richardson

6 October 2022
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World Outlook
Main factors that cause something to happen globally
Under the World Economic Forum's The Future of Jobs Report 2020, AI will cause the loss of 85 million jobs worldwide by 2025. Inventiva
In a research published in 2018 by the World Economic Forum, the Swiss Think Tank forecasted that by the year 2022, artificial intelligence will have eliminated 75 million jobs worldwide while simultaneously generating 133 million new employment. IRN Post
AI and digital technology will transform the world in dramatic ways in the coming years. AmCham Belgium
Global regions, coloured according to number of forecasts
  • Intel was jumpy about threats to its hegemony, particularly with Nvidia having successfully created a burgeoning HPC business and an absolutely explosive AI business based on offloading massively parallel compute jobs from CPUs to GPUs. The Next Platform
  • Considering the growing strength of AI technologies, AI will continue to become more ubiquitous in consumers' everyday lives in 2022 and beyond, particularly in retail and hospitality. Olive Technologies
  • By incorporating solutions such as Barclaycard Transact, which uses AI and sophisticated fraud checks to take advantage of strategic SCA exemptions, ecommerce retailers can comply without risking increased basket abandonment due to added friction. A1 Retail Magazine
  • The National Academies of Sciences, Engineering, and Medicine are trying to peer into a crystal ball and see if AI-enabled business automation will help or hurt the workforce. SearchHRSoftware
  • Tesla recognizes that deficiencies could be significantly improved through real-time AI to reach the eventual aspirational goal of true FSD over the coming years. Benzinga
  • The United States could be at a technological disadvantage if China meets its artificial intelligence development goals by 2030. National Defense Magazine
  • Focusing on AI will allow Riyadh to enhance its economic competitiveness in a field aside from oil and attract new foreign investments in an effort to become a regional and global hub for technological innovation. egic
  • There was a shift toward investing resources in hard technology-semiconductors, biotech, artificial intelligence, etc. - that could drive upgrades in the Chinese economy. The Signal
  • There is a growing body of emerging legislation across the US and in the EU that will have a significant impact on how we develop and deploy AI. HealthLeaders Media
  • Some uses of AI seem low risk but have huge societal consequences, such as predicting posts in a Facebook feed. FutureScot
  • With AI enhancement distilling the wisdom of a global crowd of SOC analysts into a kind of co-pilot for security workflows, auto-completing SOC analyst workflows and anticipating SOC analyst intent, security personnel will be dramatically more effective. FutureScot
  • NYU and a Chinese hospital collaborated to use AI tools to predict which Covid-19 patients would develop severe respiratory disease. Fusemachines

A framework that describes a 4-phase level of maturity to help determine potential and inform innovation strategy.

artificial intelligence, UAV, application, 3D, airplane, algorithm
artificial intelligence, application, 5G, algorithm, GDP, IT
artificial intelligence, data, GPS, built, commercial, company
artificial intelligence, CO2, GIS, IT, actor, atmosphere
Past Year: Stable
Compare changing sentiment to a benchmark of all forecasts
Under the World Economic Forum's The Future of Jobs Report 2020, AI will cause the loss of 85 million jobs worldwide by 2025. Inventiva
When completed by the end of the year, it will be one of the world's fastest AI supercomputers. VentureBeat
  • In 2023, a new law regulating AI-enabled recruiting will go live in New York City, with more legislatures to inevitably follow. TechRepublic
  • The UAE's stated goal is to become one of the leading AI nations by 2031, creating new economic and business opportunities and generating up to 335 billion dirhams ($91 billion) in extra growth. Al-Monitor: The Pulse of the Middle East
  • AI's perceived risk is not only from autonomous weapon systems that countries like the US, China, Israel and Turkey produce that can track and target humans and assets without human intervention. Economic Times
  • Ai recently unveiled its sixth-generation autonomous driving system, expecting to equip a seven-seat Toyota Sienna model and begin road testing in China in 2022 with robotaxis following in 2023. CNBC
  • The satellites, to be built by Lithuania's NanoAvionics for a 2024 launch, will carry instruments to track AIS transponders on ships as well as detect radar signals from vessels not broadcasting AIS signals. the weekly ledger
  • IAI aims to deliver its first 777 freighter, dubbed the Big Twin, to Kalitta Ai r in the first half of 2023. / Israel FreightWaves
  • Rather than humans being the most intelligent creatures on the planet, we will fall into second place behind superintelligent AIs. Transpolitica
  • The new Nvidia open-source GPU kernel modules will simplify installs and increase security for Ubuntu users, whether they are AI/ML developers, gamers, or cloud users. The Register
  • The benefits of AI in the global south could be vast - from improving sanitation, to helping with education, to providing better medical care. ETAuto
  • Q3 2022 report, 47% of data and analytic decision-makers indicate that they will partner with service providers to access AI capabilities. Perficient Blogs
  • Another AI-driven dermatology company, CureSkin, scored $5 million in Series A funding in March, which will go towards reaching out to more consumers in India. Mobihealthnews
  • Microsoft said it was expanding use of artificial intelligence and machine learning tools to detect credible threats of violence, and use gaming to build empathy. Reuters
Financial Impact
While robotic process automation is the most widely used automation technology, artificial intelligence is estimated to have the potential to add $1 trillion in annual value to the global banking industry. Global Banking & Finance Review
The total revenue generated by the artificial intelligence industry was estimated to grow at a substantial rate and is projected to reach over USD 1 trillion by the year 2030. Research Nester
Artificial intelligence is expected to unlock $2.6 trillion in value for businesses in the coming years. Hubspot
Click on the dots or the lines to see the connections
System Map
Creates plausible alternative futures of what can happen and encourages development of a robust, agile response
The rapid spread of artificial intelligence and automation would compel close to 375 million workers (14% of the global workforce) to change jobs or acquire new competencies by 2030. Redshift EN
In the coming years, at the pace that AI is advancing, it will surely bring a paradigm shift in the world of conversational commerce. Analytics India Magazine
The future of work has arrived, and according to a report by the World Economic Forum, robots, automation, and artificial intelligence could replace 85 million jobs globally by 2025. Richard van Hooijdonk Blog
Changing proportion of published forecasts
800 million individuals globally could be displaced by AI and automation and need to find new jobs by 2030. Business Matters
By 2040, technology will be ubiquitous; automation, AI and robots will be in operation in businesses across all industries, improving efficiencies and creating profit, while ultimately displacing many jobs, impacting as much as 20% of the global workforce by 2030. KPMG
Know how others are tackling issues with this topic
By 2023, businesses will ... ... understand that AI is not the art of trying to force value out of historical data, but actually the art of creating new data and insight by interacting with the world. ThoughtWorks
National Strategy for Data and AI: Saudi Arabia launched its first AI Strategy to become a global leader in artificial intelligence and data by 2030.
There is a high failure rate for AI projects, for example Gartner predicts that through 2022, 85% of AI projects will deliver erroneous outcomes due to bias in data, algorithms or the teams responsible for managing them. GAVS TECHNOLOGIES
Key topics
Investigate what’s transforming or collapsing
When refined through analytics, machine learning and artificial intelligence data have the potential to transform businesses and ultimately the global economy. Entrepreneur
IBM has rolled out a global pro bono social impact program that provides its experts and technologies, including hybrid cloud and artificial intelligence, to aid nonprofits focused on populations vulnerable to environmental threats, including climate change, extreme weather and pollution. Westfair Communications
Why NASA is inventing curious AI for deep space - Space probes will be the first to explore the furthest reaches of our solar system and beyond. The Daily Galaxy
What's Next
Changing proportion of material mentioning future years
AI and ML together will transform enterprise Data Management in the coming years, and many emerging technologies like the multi-cloud, edge, serverless, IoT, and big data will collaboratively contribute to the forthcoming digital disruption in global businesses. Dataversity
85% of chief executives believe that AI will dramatically change their business over the next years.
Can artificial intelligence make art? Cosmos Magazine
What about personalization - how can insurance companies leverage tech such as AI, cloud computing and data acquisition, to better personalize a customer experience and furthermore, how important is personalization? Forbes
If AI misinterprets biased data and amplifies biased human heuristics, how can it ever be a useful solution? Forbes
How can descriptive analytics and AI help farmers improve crop production? BCG Global
How big is the Artificial Intelligence Software market?
How big is the Artificial Intelligence AI in Agriculture market?
Who are the key players in the Artificial Intelligence Software market?
Who are the key players in the Artificial Intelligence AI in Agriculture market?
Who are the Key Vendors in AI in Fintech Market?
What if AI is actually part of the solution to bias? Forbes
What are the factors driving the Artificial Intelligence Software market?
What is the Artificial Intelligence Software market growth?
Brannon What happens when AI becomes smarter than us? Tulane University
When will conscious artificial intelligence truly exist? Supply Chain Today - Training, Research and News.
How can AI increase empathy when it comes to conversations with customers? CXMToday
Which artists will be the first to be replaced by artificial intelligence? designboom | architecture & design magazine
Will artists be replaced by artificial intelligence? designboom | architecture & design magazine
Will there be more digitization and AI in recycling technology in the future? WMW
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