AI investments mounting despite low returns - Forbes

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21.Oct .2020 12:15

AI investments mounting despite low returns - Forbes

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As corporate spending on artificial intelligence systems is set to pass $50 billion this year, the vast majority of companies may not be seeing much return on that record investment - Forbes reports.

However, this amount is up from $37.5 billion in 2019. By 2024, investment is expected to reach $110 billion, IDC forecasts -Forbes writes.

artificial intelligence