Future Vision & Direction of AI Part II: Scaling AI Whilst Preventing a Big Brother World & Solving The Curse of the Modern Data Scientist


Venture Capitalists are hoping to find the next superstar tech unicorn, AI startup founders dreaming of creating the next unicorn, and corporates adopting AI need to consider their data growth strategy in order to be able to scale their AI-enabled services or products. The past decade has been one of explosive growth in digital data and AI capabilities across the digital media and e-commerce space. And it is no accident that the strongest AI capabilities reside in the Tech majors. The author argues that there will be no AI winter in the 2020s as there was in 1974 and 1987 as the internet (social media and e-commerce) are so dependent upon AI capabilities and so too with being the Metaverse, and the era of 5G enabled Edge Computing with the Internet of Things (IoT). Furthermore, the following infographics illustrate how many people globally use social media and hence how central these channels have become to the everyday lives of people. Likewise, the size of the e-commerce market is vast. Although the era of standalone 5G networks may enable a window of opportunity for a new wave of consumer-facing applications in the business to consumer (B2C) in relation to e-commerce and perhaps even new digital media platforms that may challenge the current incumbents, after all the arrival of 4G provided a window for the likes of Airbnb, Uber, and leading social media platforms such as Facebook, Instagram, etc. to scale.

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