π This Month in History
October 2023 marks the beginning of the fourth quarter of the year, and with it comes the continued growth and development of artificial intelligence (AI) technology.
π€ Trivia Question
What is the name of the AI-powered virtual assistant developed by Google?
π The Growth of AI
While there is no specific information on the percentage of people using AI in October 2023, the growth and development of AI technology is expected to continue. According to a report by ResearchAndMarkets.com, the global AI market is expected to grow at a compound annual growth rate of 37.3% between 2023 and 2030[1]. Additionally, a report by Grand View Research found that the AI market is projected to reach $407 billion by 2027[2].
π AI in Healthcare
One area where AI is expected to have a significant impact is in healthcare. According to a report by Accenture, the use of AI in healthcare could potentially save the industry $150 billion annually by 2026[3]. Additionally, a report by Hit Consultant found that searches for “AI in healthcare” have increased by 300% in the past three years, indicating a growing interest in the use of AI in this field[4].
π AI in Business
AI is also expected to have a significant impact on the business world. According to a report by McKinsey & Company, AI could potentially add $13 trillion to the global economy by 2030[5]. Additionally, a survey by Deloitte found that 35% of companies are currently using AI, and 42% are exploring AI for future implementation[6].
π€ Really Good Questions
- What are some potential benefits and drawbacks of using AI in healthcare?
- How can businesses ensure that the use of AI is ethical and responsible?
- What are some potential applications of AI in fields outside of healthcare and business?
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π£ Call to Action
As AI technology continues to develop and grow, it is important to stay informed about its potential benefits and drawbacks. Consider exploring some of the resources in the “Down the Rabbit Hole” section for more information.
𧩠Answer to Trivia
The name of the AI-powered virtual assistant developed by Google is Google Assistant.
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Citations:
[4] https://www.drugdiscoverytrends.com/querying-the-queries-an-ai-approach-to-manage-clinical-data-quality/
[5] https://hitconsultant.net/2023/09/19/google-searches-for-ai-in-healthcare-up-by-300-in-3-years/
[6] https://www.query.ai