Artificial Intelligence : Investment Trends and Selected Industry Uses

The global race to fund, develop, and acquire artificial intelligence (AI) technologies and start-ups is intensifying, with commercial uses for AI proliferating in advanced and emerging economies alike. AI can increase gross domestic product (GDP)...

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Main Author:	Mou, Xiaomin
Format:	Brief
Language:	English
Published:	International Finance Corporation, Washington, DC 2019
Subjects:	MACHINE LEARNING ARTIFICIAL INTELLIGENCE INFRASTRUCTURE INVESTMENT EMERGING MARKET ECONOMIES ENERGY TRANSMISSION HEALTH DIAGNOSIS LEARNING ENVIRONMENT PREDICTIVE MAINTENANCE FINANCIAL SERVICES LOGISTICS
Online Access:	http://documents.worldbank.org/curated/en/617511573040599056/Artificial-Intelligence-Investment-Trends-and-Selected-Industry-Uses http://hdl.handle.net/10986/32652

id	okr-10986-32652
recordtype	oai_dc
spelling	okr-10986-326522021-05-25T10:54:36Z Artificial Intelligence : Investment Trends and Selected Industry Uses Mou, Xiaomin MACHINE LEARNING ARTIFICIAL INTELLIGENCE INFRASTRUCTURE INVESTMENT EMERGING MARKET ECONOMIES ENERGY TRANSMISSION HEALTH DIAGNOSIS LEARNING ENVIRONMENT PREDICTIVE MAINTENANCE FINANCIAL SERVICES LOGISTICS The global race to fund, develop, and acquire artificial intelligence (AI) technologies and start-ups is intensifying, with commercial uses for AI proliferating in advanced and emerging economies alike. AI can increase gross domestic product (GDP) growth in both advanced countries and emerging markets. In energy, AI can optimize power transmission. In healthcare, diagnosis and drug discovery will benefit enormously from AI. In education it can improve learning environments and learning outcomes and can better prepare youth for transition to the workplace. In manufacturing, AI can help design better products in terms of functionality, quality, and cost, and improve predictive maintenance. AI can help extend credit and financial services to those who lack them. The potential impact of AI on transportation and logistics goes far beyond automation and road safety to span the entire logistics chain. Yet with the exceptions of China and India, emerging markets have received only a modest share of global investment in this advanced technology, despite the fact that they may benefit more from AI implementation than advanced economies. 2019-11-20T21:40:24Z 2019-11-20T21:40:24Z 2019-09 Brief http://documents.worldbank.org/curated/en/617511573040599056/Artificial-Intelligence-Investment-Trends-and-Selected-Industry-Uses http://hdl.handle.net/10986/32652 English EMCompass,no. 71; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Brief East Asia and Pacific China
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	MACHINE LEARNING ARTIFICIAL INTELLIGENCE INFRASTRUCTURE INVESTMENT EMERGING MARKET ECONOMIES ENERGY TRANSMISSION HEALTH DIAGNOSIS LEARNING ENVIRONMENT PREDICTIVE MAINTENANCE FINANCIAL SERVICES LOGISTICS
spellingShingle	MACHINE LEARNING ARTIFICIAL INTELLIGENCE INFRASTRUCTURE INVESTMENT EMERGING MARKET ECONOMIES ENERGY TRANSMISSION HEALTH DIAGNOSIS LEARNING ENVIRONMENT PREDICTIVE MAINTENANCE FINANCIAL SERVICES LOGISTICS Mou, Xiaomin Artificial Intelligence : Investment Trends and Selected Industry Uses
geographic_facet	East Asia and Pacific China
relation	EMCompass,no. 71;
description	The global race to fund, develop, and acquire artificial intelligence (AI) technologies and start-ups is intensifying, with commercial uses for AI proliferating in advanced and emerging economies alike. AI can increase gross domestic product (GDP) growth in both advanced countries and emerging markets. In energy, AI can optimize power transmission. In healthcare, diagnosis and drug discovery will benefit enormously from AI. In education it can improve learning environments and learning outcomes and can better prepare youth for transition to the workplace. In manufacturing, AI can help design better products in terms of functionality, quality, and cost, and improve predictive maintenance. AI can help extend credit and financial services to those who lack them. The potential impact of AI on transportation and logistics goes far beyond automation and road safety to span the entire logistics chain. Yet with the exceptions of China and India, emerging markets have received only a modest share of global investment in this advanced technology, despite the fact that they may benefit more from AI implementation than advanced economies.
format	Brief
author	Mou, Xiaomin
author_facet	Mou, Xiaomin
author_sort	Mou, Xiaomin
title	Artificial Intelligence : Investment Trends and Selected Industry Uses
title_short	Artificial Intelligence : Investment Trends and Selected Industry Uses
title_full	Artificial Intelligence : Investment Trends and Selected Industry Uses
title_fullStr	Artificial Intelligence : Investment Trends and Selected Industry Uses
title_full_unstemmed	Artificial Intelligence : Investment Trends and Selected Industry Uses
title_sort	artificial intelligence : investment trends and selected industry uses
publisher	International Finance Corporation, Washington, DC
publishDate	2019
url	http://documents.worldbank.org/curated/en/617511573040599056/Artificial-Intelligence-Investment-Trends-and-Selected-Industry-Uses http://hdl.handle.net/10986/32652
_version_	1764476997754421248

Artificial Intelligence : Investment Trends and Selected Industry Uses

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