What is industry saying about Artificial Intelligence?

Current industry commentary and predictions include:

85% of executives report they will invest extensively in AI-related technologies over the next three years.” Accenture’s 2017 industry report, Technology Vision 2017

79% believe AI will revolutionize the way they gain information from and interact with customers.” Accenture’s 2017 industry report, Technology Vision 2017

Starting in 2020, AI will eliminate 1.8 million jobs, but will be a net job creator, creating 2.3 million jobs. In 2021, AI augmentation will create $2.9 trillion of business value and 6.2 billion hours of worker productivity.” - Peter Sondergaard (Gartner Executive Vice President)

Gartner projects that more than 85% of customer interactions will be managed without a human by 2020, and chatbots are also expected to be the No.1 consumer applications of AI over the next five years. Gartner

By 2021, more than 50% of enterprises will spend more per annum on bots and chatbot creation than traditional mobile app development.” Gartner

Just as electricity transformed almost everything 100 years ago, today I actually have a hard time thinking of an industry that I don’t think AI will transform in the next several years.” - Andrew Ng (Founder of Coursera and also one of the most well-respected names in Machine Learning and AI)

I think it's gigantic. It's probably hard to overstate how big of an impact it's going to have on society over the next 20 years. It has been a dream since the early days of science fiction to have a computer that you can talk to in a natural way and actually ask it to have a conversation with you and ask it to do things for you. And that is coming true.” Amazon CEO Jeff Bezos on the future transformative influence of AI.