Since the middle of the last century, a digital revolution has slowly taken place, it has become part of our households, empowering cars, appliances, and mobile devices. Technologies are fundamentally changing the way people and businesses think and work together. The digital revolution is blurring the boundaries between the physical, digital, and financial world, delving into biology and genetics. Artificial Intelligence (AI) is changing the world as we know it, bringing in new possibilities that can be applied to a large number of undertakings to benefit organizations seeking to improve outcomes and productivity, slowly becoming mainstream, as large corporations look for the right technologies such as visual perception, speech recognition, and even decision making. Having said that, as the digital revolution takes place, new services are coming up, changing the way businesses perceive demand, provision the supply and deliver, thus fulfilling a new market demand.

Crypto is decentralizing, AI is centralizing, according to Peter Thiel. Although the venture capitalist has followed this remark with a somewhat strange ideological classification for these technologies, the premise rings true. Artificial intelligence advancement is now in the hands of huge companies such as Google, IBM, Microsoft and their Chinese counterparts. Machine learning relies on data – the more the better – and platforms such as these have proven skilled in collecting it. They have used their competitive edge to make AI products better which draws in more users and more data – a great example of leveraging network effects.