What the Machine Learning Value Chain Means for Geopolitics 7wData

Thanks to major improvements in computing power, increasingly sophisticated algorithms, and an unprecedented amount of data, artificial intelligence (AI) has started generating significant economic value. With algorithms that make predictions from large amounts of data, AI contributes, by some estimates, about $2 trillion to today's global economy. It could add as much as $16 trillion by 2030, making it more than 10 percent of gross world product. AI's outsize contribution to global economic growth has important implications for geopolitics. Around the world, governments are ramping up their investments in AI research and development (R&D), infrastructure, talent, and product development.