Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Wednesday, April 3, 2024

How Large Is The Market For AI?

 


The market for artificial intelligence services or AI is difficult to measure. One proxy is the market for cloud services which stands at around 700 billion USD a year, according to various sources.

That said the market for AI is triple the market for AI or around 2.1 trillion USD a years, according to Wolfteam Ltd.'s estimates.

This includes various verticals like chat bots, predictive modelling, automation etc.

AI will bring about many new work places of course.

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