Report: Why the big challenges in AI aren't close to being solved - TechRepublic

As tech companies continue to dump mountains of cash into artificial intelligence (AI) development, the technology promises to greatly improve our digital lives. However, the AI ecosystem still has major problems to solve before it can advance, a new report said. The report, released Friday from Edison Investment Research, said that AI has the potential to be a major differentiator but it is still in the early stages of its development. Most of what is referred to as AI, currently, is "simply advanced statistics," the report claims. According to the Edison Investment Research report, there are three goals that must be solved for AI to move out of its infancy.