Who Is Going To Make Money with Artificial Intelligence?

These takeaways and many other fascinating insides are taken from the McKinsey Global Institute Discussion Paper "Notes from the AI frontier: Applications and Value of Deep Learning" The discussion paper draws on McKinsey Global Institute research and the firm's applied experience with the artificial intelligence of McKinsey Analytics, assessing the practical applications and the economic potential of advanced AI techniques. The discussion paper's findings are based on intensive McKinsey Global Institute analytics collated and integrated with more than 400 use cases across 19 industries and nine business functions. Before we go any further and analyze which markets are affected by AI and to what extent, let's discuss first what exactly Artificial Intelligence means. A large number of companies claim nowadays to incorporate some kind of "Artificial Intelligence" in their applications or services. But artificial intelligence is only a broader term which describes applications when a machine mimics "cognitive" functions that humans associate with other human minds, such as "learning" and "problem-solving".