Artificial Intelligence and Robotics
It synthesizes lessons from AI's past to inform its future impact, but is incremental as it primarily reviews existing knowledge without introducing new research.
This paper provides a comprehensive overview of the evolution, current status, and future directions of AI and robotics, highlighting their broad applications across sectors like healthcare and finance, with the global AI market projected to grow from $260 billion in 2016 to over $3 trillion by 2024.
The recent successes of AI have captured the wildest imagination of both the scientific communities and the general public. Robotics and AI amplify human potentials, increase productivity and are moving from simple reasoning towards human-like cognitive abilities. Current AI technologies are used in a set area of applications, ranging from healthcare, manufacturing, transport, energy, to financial services, banking, advertising, management consulting and government agencies. The global AI market is around 260 billion USD in 2016 and it is estimated to exceed 3 trillion by 2024. To understand the impact of AI, it is important to draw lessons from it's past successes and failures and this white paper provides a comprehensive explanation of the evolution of AI, its current status and future directions.