Dec 31, 2022

2022: The Year Of AI Hopes And Horrors

Posted by in categories: innovation, robotics/AI

2022 has been an interesting year with incredible developments, both positive and negative in the field of Artificial Intelligence (AI). Many international leaders have consistently expressed concerns on the hopes or horrors that AI can unleash if humans are not careful in applying ethical AI practices, and also fundamentally thinking harder about the use cases and the societal impacts that AI could have on human civilization.

According to a Gartner study, the revenue from AI in 2022 will reach $62 billion. This is an increase of roughly a 21.3% increase from 2021. Despite the dynamics of the market, AI is continuing to evolve, grow and many outstanding AI innovations are advancing the betterment of human kind — giving us much hope.

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