10 Stats About Artificial Intelligence That Will Blow You Away

Microsoft (NASDAQ:MSFT) co-founder Bill Gates recently called artificial intelligence “the holy grail that anyone in computer science has been thinking about” during Vox Media’s Code Conference. Gates discussed the rapid progress of speech recognition and computer vision technologies over the past five years, and noted that “the dream is finally arriving.”If that dream arrives, tech investors should recognize the major trends and players in this market. To get started, let’s examine 10 fascinating facts about the AI industry. Image source: Getty Images. 1. $5.05 billion market by 2020 Research firm Markets and Markets estimates that the AI market will grow from $420 million in 2014 to $5.05 billion by 2020, thanks to the rising adoption of machine learning and natural language processing technologies in the media, advertising, retail, finance, and healthcare industries.…


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