AI Innovations In Media And Communications

My last blog discussed AI innovations in the health care sector, and this one will share a few perspectives of new developments in this industry. According to Business Wire, the Artificial Intelligence (AI) spend in media and entertainment industry in the United States forecast period (2019-2025) is expected to grow at a CAGR record of 28.1%, increasing from US$ 329 million in 2019 to reach US$ 1,860.9 million by 2025. Some of the top application areas used in this sector are: gaming, fake story detection, plagiarism detection, personalization, production planning and management, sales and marketing and talent identification. One of the areas which is very exciting is understanding how AI is being used in news. AI is making major impacts in aggregating massive data analysis of the conversations across the world-wide web and classifying into themes to appreciate topics trending globally or even identify increasing risks of terrorism or even health risks, like a pandemic.