interesting facts about Artificial Intelligence

1. Google CEO Sundar Pichai claimed that artificial intelligence (AI) will be more transformative to humanity than electricity.

2. A McKinsey survey has found that out of 2,395 participants, 1,151 people said that their companies have adopted AI in at least one function within the organization.

3. PWC has reported that by 2030, the global GDP could rise by 14 percent as a result of AI enabled activities. That is equal to $15.7 TRILLION!!

4. According to International Data Corporation (IDC), the spending on AI will reach $12 billion in 2021 across Europe and it estimates a double-digit growth until 2024.

5. Companies, who have implemented AI in at least one function, plan to invest more in AI to respond to the pandemic, which in turn, helps to differentiate themselves from their competitors. - McKinsey  

6. In 2020, private AI investment increased by 9.3% from 2019, despite the COVID-19. This is 3.6% higher than the development from 2018 to 2019.  - AI Index 

7. 84% of enterprises believe investing in AI will lead to greater competitive advantages. 

8. Global revenues from AI for enterprise applications is projected to grow from $1.62B in 2018 to $31.2B in 2025.

9. According to the PWC AI’s Predictions 2021, only 28% of executives have considered AI and machine learning as a priority when it comes to information extraction.

10. According to the AI Index, since the year 2000 the annual investment from venture capital firms into US startups utilizing AI systems has increase as much as six times!

[Related article - 9 Ways AI Can Help Your Startup]

11. Between 2010 and the first quarter of 2020, the venture funding in AI hit a mind-blowing $61 billion. The majority of this investment went to companies located in the USA and China.   

12. From a research perspective, China became the global frontrunner of AI in 2021 when it came to technological development and market applications.

13. As reported by Gartner, by 2025 more than 75% of venture and seed capital investors will use AI and data analytics to gather information.

14. A self learning super computer named Nautilus can predict the future, and it became famous when it was able to locate Osama Bin Laden.

15. The top 10 most valued companies are evenly split between China and the United States.

-ICBC

-China Construction Bank

-JPMorgan Chase

-Berkshire Hathaway

-Agricultural Bank of China

-Bank of America

-Wells Fargo

-Apple

-Bank of China

-Ping An Insurance Group

16. The greatest amount of private AI investment in 2020 was received by Cancer, Molecular, and Drug Discovery, which is currently worth 13.8 billion. - AI Index

17. ‘’Chinese tech manufacturer Huawei announced plans to develop its own AI processing chips, reducing the need for the country’s booming AI industry to rely on US manufacturers like Intel and Nvidia.’’ - Forbes

18. China plans to use Artificial Intelligence to gain global economic dominance by 2030.

19. Microsoft is infusing AI into everything they deliver across computing platforms and experiences.

20. According to Salesforce, 51% of small business owners think that AI is important when it comes to investing in new technologies.

21. The Artificial Intelligence of Google is much smarter than Siri’s, according to three Chinese researchers.

22. Humans are smarter than AI - for now. ‘’Around 2025 we’ll finally start to see visible progress toward artificial intelligence. A decade later we’ll be up to about one-tenth the power of a human brain, and a decade after that we’ll have full human-level AI.’’ - Mother Jones

23. When you interact with AI as a default voice it is mostly a female as studies have shown that both women and men prefer the sound of a female voice.

24. Dr. Jean-Loup Rault says that there will be robot pets with whom people could make an emotional connection by 2025.

25. In 2021, 33% of a total of just over a thousand companies have started to implement limited AI use cases. - PWC 

26. Google launched an AI system, which beat some of the best Atari 2600 game players.

[Related article – The Best AI Startups in Europe]

27. Top scientists and technologists like Stephen Hawking, Bill Gates and Elon Musk believe that AI is a very dangerous threat to humanity.

28. ‘’Google, has announced that it had created a microchip called a Tensor Processing Unit, which it claimed was up to 30 times faster and 80 times more power-efficient than an Intel processor for machine learning tasks.’’ - PCWorld

29. Productivity can be increased by 40% by using artificial intelligence, allowing people to spend their time more effectively.

30. The world’s top universities have increased their AI-related education over the last few years, according to the AI Index. 

31. The number of AI startups have increased 14 times since 2000. 

32. University course enrollment in AI and ML is increasing all over the world, most notably at Tsinghua in China, whose combined AI and ML 2017 course enrollment was 16x larger than it was in 2010.

33. None of the top 10 internet companies originated in Europe. The 10 biggest are:

-Alphabet Inc.

-Amazon

-Tencent Holdings

-Facebook

-Alibaba

-Netflix

-Priceline

-Baidu

-Salesforce.com

-JD.com

34. China has seen a 500% increase in annual robot installations since 2012.

35. The best five countries for an AI job are - China, USA, Japan, UK, and India.

36. In 2019 IBM AI machine called Debater lost to a top-ranked human debater, Harish Natarajan.

37. ‘’Cinna's top search engine company Baidu made a smart cat shelter which use AI to verify when a cat is approaching and open its door. The cat shelter is heated and also offers cats food and water.’’ - The Verge

38. Companies like, Microsoft and Google warn that bad AI decisions can harm potential businesses.

40. By 2025, AI is expected to become a $60 billion dollar industry!

41. ‘’AI-enabled tools will generate $2.9 trillion in business value by 2021’’ - Udacity

42. Voice search is going to make SEO more complicated as users will get only one result from one data source.

43. With the usage of AI, customer services are able to map out customer journeys and discover business-related information about the different segments. - Forbes

44. ‘’According to artificial intelligence expert Dr. David Levy, in a few generations, we won't just be having sex with robots, we'll be marrying them.  He has predicted that human-robot marriages would be legal by the year 2050.’’ - CBC Radio

45. Nowadays, a robot can heal itself. ‘’Once a soft robot is damaged, the material is able to heal after being heated for 40 minutes at 80°C.‘’ - Wired

46. Because of concerns over data privacy, the EU has created a draft of ethics guidelines for AI. It outlines points like how developers should be sure that their AI will repet fundamental human rights.

47. One of the first AI programs was created in 1965 by Carl Djerassi. It was named DENDRAL and it automatically discovered unknown forms of medications.

48. ‘’Facebook’s AI team is hard at work developing something called “deep learning,”  artificial intelligence that processes data much like a human brain would, using simulations of networks and brain cells.’’ - Giant Freakin Robot

49.Banks are starting to use AI to recommend products to customers, analyze documents, and make investment decisions. The future of #FinTech will leverage the best of artificial and human intelligence, but how do we get there? #ArtificialIntelligence

50. Google has a Quantum AI Lab where, unlike other companies, they actually own a quantum computer.

51. Deep Blue was the first AI robot, made in 1996. It was a chess-playing computer which won its first game against a World Champion on 10 February 1996.

52. Experts believe that AI will take over 16% of current jobs within the next 10 years, but worry not, a new era of job opportunities will arise.

53. A killer robot has been created and is in use in Israel and South Korea. The robot can decide and kill any target of interest. - NBC News

54. The “Big Tech” companies, namely Amazon, Google, Facebook, Apple, and Microsoft obtained 13 AI startups in 2020. 

55. In 1980 John Searle explained the division of ‘’weak’’ and ‘’strong’’ AI. Weak AI focuses on one narrow task, while strong AI is similar to full human intelligence.

56. Researchers at the University of Stanford created a machine learning algorithm that is capable of predicting death with a shocking 90 percent accuracy.

57. In the medical world, the TUG robot can carry nearly 1000 lbs of medication to any location in a hospital. Because of this innovation, doctors are able to spend more time with patients.

58. ‘’The largest companies — those with at least 100,000 employees — are the most likely to have an AI strategy, but only half have one.’’ - MIT Sloan Management Review

59. AI systems are now capable of composing audio, text, and pictures. This has been applied to significantly improve the detection of individual persons with facial and voice recognition.

60. Trump’s planned AI initiative includes education but lacks key details.

61. In the 1970s the capabilities of AI were limited because of limited computer power, but with the decreasing size of transistors and increase in the computational power of devices, it has become possible to create machine and deep learning algorithms capable of voice recognition, self driving cars, and MUCH more.

62. In one trial, AI caught 95% of dangerous melanomas, but doctors got just 87%.

63. AI is capable of making diagnoses just as accurately as world-leading experts in the medical field. For example, there is one such AI driven algorithm that can detect metastatic breast cancer with 99 percent accuracy.

64. ‘’Big data and machines learning can devise and trial new drugs much faster.’’ - MIT Technology Review 

65. An algorithm was able to detect an Ebola outbreak more than a week before it was announced by the World Health Organization.

66. An algorithm dubbed a "robot doctor" was able to outperform 96 percent of those in a Chinese medical exam.

67. A group of researchers at MIT have created an algorithm capable of detecting whether someone is depressed.

68. Finland offers AI courses to ensure that the country remains competitive. Their goal is to teach at least one percent of the residents the basics of AI.

69. ‘’The way we work is changing at an unprecedented rate. Digitalization, artificial intelligence, and machine learning are eliminating many jobs involving low and middle-skill routine tasks through automation. Greater automation will be especially challenging for women.’’ - IMF Blog

70. The ability to nap in your car while on your commute to work is much closer than you think.

71. Despite the statistics saying that AI will replace more than 80 million jobs, the World Economic Forum projects that more than 97 million new jobs will be created by 2025 due to AI technology. - PWC  

72. Reports say that half of Worlds Artificial Intelligence unicorns are in China. The combined valuation is $4.5 billion dollars.

73. By the end of 1993 - a very different time for AI - over 300 companies related to the large umbrella that is AI went bankrupt, shut down, or were acquired, this ending was the first "commercial wave of AI".

74.’Like it or not, artificial intelligence is here to stay’’ - Gregory Carmichael, professor in the UI Department of Chemical and Biochemical Engineering and the director of the UI Informatics Initiative.

75. By 2025 it is expected that 10 percent of spending within IT will be spent on AI-related activities. We're one step closer to AI empowered businesses.