AI Journey, an international conference dedicated to Artificial Intelligence and data analysis, was held in Russia in early December. The Conference was a truly significant event for the whole world of Artificial Intelligence: 29,000 people from 101 countries, including representatives of China, USA, India, Canada, UK, Germany, Ghana, Haiti, Ecuador, Togo, Peru, Ethiopia and Bahamas participated in it.
At the strategy session, Vladimir Putin summarised the results of technology development. Putin summed up the development of technology in the country, outlined plans for its development, and demonstrated the importance of AI for Russia and the whole world! The session was also attended by Kassym-Jomart Tokayev, President of the Republic of Kazakhstan, and Herman Gref, President of SberBank, Russia's largest bank.
The Russian President noted that "Artificial Intelligence is the basis of the next leap forward for all humanity in its development!"
The heads of leading powers such as Russia, the US, China, and the UK understand this and are working hard to develop and make this breakthrough technology productive in their respective countries:
In Russia, at the AI Journey conference, President Vladimir Putin said that the coming decade will see Russia's digital transformation i.e., the widespread adoption of artificial intelligence technology. Since 2019, a national state programme for the development of AI technology has already been in place. It will last until 2030.
In the US, AI market revenue in 2020 was $25.9 billion. It is projected to increase to $71.9 billion in 2023, with an average annual growth rate of 29.2%.
The artificial intelligence market in China in 2020 was over 150 billion yuan - that's about $21 billion.
In the UK, the AI sector in 2020 is £15.6billion - that's over $21billion.
️ The prospects for Artificial Intelligence are remarkable! In 2020, the AI market grew significantly to $62.4billion. By 2027 this figure is expected to quadruple to $267billion. And this is just the beginning of a new technological era!
That is why now is the best time to explore the topic of Artificial Intelligence!
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