15 Interesting Expert Facts about Artificial Intelligence!
Artificial Intelligence is here! It is no longer the future, and that is why AI is generating a lot of buzz. Here are some expert facts about the future of AI in business and digital marketing:
By 2020, 85% of customer interactions will be handled without a human
Source: Gartner Customer 360 Summit 2011
80% of business and tech leaders say AI already boosts productivity
Source: Narrative Science
Current AI technology can boost business productivity by up to 40%
Source – Accenture – Artificial Intelligence is the Future of Growth
97% of mobile users are using AI-powered voice assistants
Source: Creative Strategies – Voice Assistant Anyone? Yes please, but not public!
39% of these consumers use voice assistants in the home, 51% in the car, 1.3% at work and 6% in public.
Source: Creative Strategies – Voice Assistant Anyone? Yes please, but not public!
Smart speakers continue to be the world’s fastest growing consumer technology segment, with year-on-year growth in q1 2018 of 210%.
Source: Canalys – Google beats Amazon to first place in smart speaker market
AI is enabling marketers to understand the customer, drive productivity, and create better performing content
Source: BrightEdge – 2018 Future of Marketing and AI Survey Report
By 2022, one in five workers engaged in mostly nonroutine tasks will rely on AI to do a job.
Source: Gartner – Gartner Says By 2020, Artificial Intelligence Will Create More Jobs Than It Eliminates
Healthcare, financial services, and professional services are seeing the greatest increase in their profit margins as a result of AI adoption.
Source: McKinsey Global Institute Study – Artificial Intelligence, The Next Digital Frontier
Netflix achieved impressive results from the algorithm it uses to personalize recommendations to its 100 million subscribers worldwide. results, Netflix estimates that it is avoiding canceled subscriptions that would reduce its revenue by $1B annually.
Source: McKinsey Global Institute Study – Artificial Intelligence, The Next Digital Frontier
Digital Assistants on smart speakers will reach more than 4 billion devices in 2017, and is projected to grow to more than 7 billion by 2020 as digital assistants become common across all consumer electronics categories
Source: HIS Markit – Digital Assistants to Reach More Than 4 Billion Devices in 2017 as Google Set to Take a Lead, IHS Markit Says
AI Technologies will be in almost every new software product by 2020
Source: Gartner – Gartner Says AI Technologies Will Be in Almost Every New Software Product by 2020
By 2020, 20% of companies will dedicate workers to monitor and guide neural networks.
Source: Gartner – The Disruptive Power of Artificial Intelligence
By 2019, startups will overtake Amazon, Google, IBM and Microsoft in driving the AI economy with disruptive business solutions.
Source: Gartner – The Disruptive Power of Artificial Intelligence
75% of surveyed executives said AI will be “actively implemented” in their companies within the next three years.
The Economist Intelligence Unit – Artificial intelligence in the real world: The business case takes shape
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