Why you should invest in Machine Learning - Data Economy

Artificial Intelligence has been around for decades, however, only in the past ten years, it has deeply penetrated the enterprise layer with a wave of new applications. João Marques Lima speaks to Dr. Greg Benson, Professor of Computer Science and Chief Scientist at SnapLogic to find out how AI, and in particular, machine learning is changing businesses worldwide. The global Machine Learning (ML) market was valued at around $1.58 billion in 2017 and is expected to reach approximately $20.83 billion in 2024, growing at a CAGR of 44.06% between 2017 and 2024, according to Zion Market Research. Machine Learning is an application of artificial intelligence that enables software applications for being more precise in predicting results without being definitively programmed. Many of the artificial intelligence experts have projected their idea that by 2050 all the intellectual tasks performed by the humans can be accomplished by the artificial intelligence technology.