When the history of our time comes to be written, one thing that will amaze historians is how an entire civilisation managed to impale itself on its worship of optimisation and efficiency. This obsession is what underpinned the hubris of globalisation. Apple's famous slogan "Designed by Apple in California, manufactured in China" became its guiding light. So long as products could be made available to consumers everywhere, it no longer mattered where they were made. We first twigged this when the pandemic struck, and we became suddenly aware of how fragile supply chains built to maximise efficiency could be.

Summary: Looking at the 12 hottest world-changing segments in the VC-funded world shows that AI will play a key role. From the inside of the data science profession looking out it's easy to imagine that almost everything that is or will be important somehow depends on AI. Maybe that's true, but how do we tell? First of all we'd have to make a list of all the tech trends that are destined to be game changers over the mid-term, say the next 5 to 15 years. Then we could examine each one for AI content and get a better idea about just how important AI is.

China's government has made a bold and ambitious goal of being the best in the world at AI, attempting to build an industry worth US$150 billion by the year 2030. The USA is ahead of China in the race to commercialize Artificial Intelligence, but not as far ahead, perhaps as you might think. According to a June 2017 report, which listed 2500 AI companies worldwide, The USA was home to 42% of them. China was second with 23%. Unfortunately for Google, China has some structural advances that could see them address the gap quickly, especially given the factors likely to make a material difference in the outcome of the game.

Inequality goes back to the Stone Age. Thirty thousand years ago, bands of hunter-gatherers in Russia buried some members in sumptuous graves replete with thousands of ivory beads, bracelets, jewels and art objects, while other members had to settle for a bare hole in the ground. Nevertheless, ancient hunter-gatherer groups were still more egalitarian than any subsequent human society, because they had very little property. Property is a pre-requisite for long-term inequality. Following the agricultural revolution, property multiplied and with it inequality.

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AI has changed the world and it is not going to stop. It's time for you to know what it offers. Artificial Intelligence has grown and been adapted to become a game-changer for conducting businesses in the 21st century. From eliminating guesswork from your decision making to making repetitive and mindless tasks redundant, AI has already become a major attraction among the biggest businesses in the world. As good trickle-down effect works, the rest of the world is also going through this inevitable development. Let's begin and understand what makes AI the need of the hour and where it drives our future.