Navigating our way towards an AI-ready future for Singapore
2018 is the year that artificial intelligence (AI) comes to the fore. While IDC’s Worldwide Semiannual Cognitive Artificial Intelligence Systems Spending Guide released in March predicted that global spending on cognitive and artificial intelligence (AI) systems will reach US$19.1 billion in 2018, its latest report released in September revised the forecast to US$24 billion, with spending poised to hit US$77.6 billion in 2022.
All around the world, governments and businesses are accelerating their investments in AI. At the same time, there is a growing push for AI skills and talents to support the rapidly-expanding AI ecosystem. AI is also increasingly being used to create new opportunities to improve education and healthcare, address poverty and achieve a more sustainable future.
As we move forward into an AI-shaped future, all parties – from workers to organisations to the government – will need to spend more time listening to each other, collaborating and learning new skills in order to collectively navigate our way through the rapidly evolving digital future. At the same time, Microsoft is committed to making it our priority to help people and businesses navigate the threats that surface while realising the potential that AI has on the economy and society.
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