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If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."

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Historic Global AI Agreement Achieved by OECD

#artificialintelligenceMay-23-2019, 12:56:40 GMT

Today global history was made, as the first intergovernmental standard on artificial intelligence (AI) was adopted by the OECD--a geopolitical milestone achievement. There is a worldwide investment rush underway in artificial intelligence (AI) technology. Both public and private investment funding are pouring into AI, as nations and corporations seek to gain economic benefits and competitive advantages through automation. IDC estimates the global spending on cognitive and AI systems to reach $57.6 billion by 2021. Last year the UK government announced plans to invest £300 million in AI.

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Europe > United Kingdom (0.38)
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Industry: Government > Regional Government > Europe Government (0.54)

Technology: Information Technology > Artificial Intelligence (1.00)

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