7 Sectors that are getting transformed by AI - Calsoft Inc. Blog

"Innovate or die" is now truer than ever before. AI is impacting industries across the board. It is transforming sectors that were characterized by long-standing, time-tested processes and cultures and for whom inculcating new changes was considered incredibly difficult. AI with its chatbots, recommendation systems, etc. is doing to the industry what cloud computing did 10 years ago. So much so that International Data Corporation (IDC) predicts that global spending on AI will reach $57.6 billion by 2021. Let us take a look at the various sectors which are being impacted by the surge in AI.