Impact of AI on World Economy in Times of Coronavirus

Businesses around the world are looking for innovation with the rising competition. To thrive in such an environment businesses are looking for technological solutions that can help them overcome challenges and constantly help in building new strategies. In recent years, artificial intelligence and machine learning technologies have been receiving a fair amount of attention from the business. One of the earliest forms of AI used for business applications are chatbots. In the year 2018, only the world's bigger economies reported their own AI initiatives.