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Applied AI

Why is it important?

AI is used in virtually every area of our society

AI can help us tackle some of the most pressing challenges facing our society:

  • climate change
  • health and wellbeing
  • sustainable cities
  • food production
  • wildlife preservation

The global AI market is expected to grow from roughly $10 billion in 2018 to $126 billion by 2025 and contribute up to $15.7 trillion per year to the global economy by 2030.

The economic impacts of AI could actually be over $50 trillion in 20 years leading to transformative forces and changes with significant socio-economic implications (source).

Research in AI must address important ethical, security and privacy issues.

Get in touch with the Applied AI Institute

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