Global Big Data Conference

According to predictions by PwC, artificial intelligence (AI) will add a staggering US$16 trillion to the global economy by 2030. To put things into perspective: The gross domestic product (GDP) of Singapore and Hong Kong-based on 2018 figures are just below US$400 billion each. Even China's GDP of US$13 trillion in 2018 is lower. For all the rosy promises, however, a couple of reports this week on the state of AI may put a dampener on the next AI-touting startup. In a report on The Economist, Tom Gauld calls out what he sees as the technology hitting a wall.