Despite major disruptions from the ongoing COVID-19 pandemic, global investment in AI technologies grew by 40 percent in 2020 to $67.9 billion, up from $48.8 billion in 2019, as AI research and use continues to boom across broad segments of bioscience, healthcare, manufacturing and more. The figures, compiled as part of Stanford University's Artificlal Intelligence Index Report 2021 on the state of AI research, development, implementation and use around the world, help illustrate the continually changing scope of the still-maturing technology. The 222-page AI Index 2021 report, touted as the school's fourth annual study of AI impact and progress, was released March 3 by Stanford's Institute for Human-Centered Artificial Intelligence. The report provides a detailed portrait of the AI waterfront last year, including increasing AI investments and use in medicine and healthcare, China's growth in AI research, huge gains in AI capabilities across industries, concerns about diversity among AI researchers, ongoing debates about AI ethics and more. "The impact of AI this past year was both societal and economic, driven by the increasingly rapid progress of the technology itself," AI Index co-chair Jack Clark said in a statement.
Zhang, Daniel, Mishra, Saurabh, Brynjolfsson, Erik, Etchemendy, John, Ganguli, Deep, Grosz, Barbara, Lyons, Terah, Manyika, James, Niebles, Juan Carlos, Sellitto, Michael, Shoham, Yoav, Clark, Jack, Perrault, Raymond
Welcome to the fourth edition of the AI Index Report. This year we significantly expanded the amount of data available in the report, worked with a broader set of external organizations to calibrate our data, and deepened our connections with the Stanford Institute for Human-Centered Artificial Intelligence (HAI). The AI Index Report tracks, collates, distills, and visualizes data related to artificial intelligence. Its mission is to provide unbiased, rigorously vetted, and globally sourced data for policymakers, researchers, executives, journalists, and the general public to develop intuitions about the complex field of AI. The report aims to be the most credible and authoritative source for data and insights about AI in the world.
Since the term "artificial intelligence" (AI) was first used in print in 1956, the one-time science fiction fantasy has progressed to the very real prospect of driverless cars, smartphones that recognize complex spoken commands and computers that see. In an effort to track the progress of this emerging field, a Stanford-led group of leading AI thinkers called the AI100 has launched an index that will provide a comprehensive baseline on the state of artificial intelligence and measure technological progress in the same way the gross domestic product and the S&P 500 index track the U.S. economy and the broader stock market.
Leaders in the AI community came together to release the 2019 AI Index report today, an annual attempt to examine the biggest trends shaping the AI industry, breakthrough research, and AI's impact to society. It also examines trends like AI hiring practices, private investment, AI research contributions by nation, researchers leaving academia for industry, and how much AI plays a role in specific industries. The report also notes strides in the reduction of the amount of time it takes to train AI systems and computing costs, two of the biggest hindrances to AI adoption rates. "In a year and a half, the time required to train a large image classification system on cloud infrastructure has fallen from about three hours in October 2017 to about 88 seconds in July, 2019," the report reads. The report is compiled by the Stanford Human-Centered AI Institute in collaboration with people from OpenAI.