Artificial intelligence makes its mark!

The market for artificial intelligence is growing at a steady clip. The recent acquisition of the artificial intelligence start-up, DeepMind by Google for a reported USD400 million signals the commercial arrival of this technology. Moreover, with the global market for artificial intelligence valued at USD900 million in 2013, and with its proven ability to reduce manual processes, there is a possibility that it may eliminate many U.S. jobs. But if previous waves of technological transformation in human history are anything to go by, the resources this unleashes will go to creating new industries, markets and jobs.

Will artificial intelligence put human beings out of work?

https://www.spireresearch.com/newsroom/spirethoughts/artificial-intelligence-makes-its-mark/

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Spire speaks on Omni-channel strategies for Indonesian retailers

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Spire and YBC host breakfast seminar on the impact of demonetization in India

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In 2017, 26 megacities were in emerging economies, compared to 7 in developed economies. There are likely to be 48 megacities with populations above 10 million by 2035. By 2020, Greater Jakarta is predicted to be home to 36 million people, making it the biggest megacity of all. War torn Baghdad, with a population of 10 million, may soon join the ranks of the world’s megacities. African cities Dar es Salam and Luanda are predicted to become megacities by 2030. With larger populations to attract investment and nurture productivity growth through network effects, megacities in developing countries will likely see rising incomes. Will emerging economies drive all urban growth in future? Read more : https://www.spireresearch.com/newsroom/spirethoughts/will-emerging-countries-dominate-the-pool-of-global-megacities-in-future/

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