Artificial Intelligence Roundup: Google Art AI, China’s Expansion, AI Monetary Policy

The world of artificial intelligence (AI) is making rapid strides in technological development, from Google’s AI program defeating a human in the game of Go, Russian scientists building the ‘Terminator’ and another project from Google’s Brain Team, where the AI program attempts to write post-modern poetry. The AI market is projected to expand to USD 5.05 billion by 2020 (from USD 419.7 million in 2014), at a CAGR of 53.65% from 2015 to 2020, largely due to greater applications in diversified fields, enhanced productivity and increasing consumer satisfaction. Machine learning technology, a key component of the overall AI market, is estimated to gain traction over the next five years, on account of higher anticipated demand in media & advertising and finance sectors, as well as retail, healthcare, law, and oil…


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