Why Artificial Intelligence is the New Electricity – Info AI

Artificial intelligence already powers many of our interactions today. When you ask Siri for directions, peruse Netflix’s recommendations, or get a fraud alert from your bank, these interactions are led by computer systems using large amounts of data to predict your needs.

The market is only going to grow. By 2020, research firm IDC predicts, AI will help drive worldwide revenues to over $47 billion, up from $8 billion in 2016.

Still, computer scientist and Coursera co-founder, Andrew Ng says fears that AI will replace humans are misplaced: