Tech investor, Tej Kohli, predicts that the value of artificial intelligence (AI) may reach around $150 trillion by 2025. “We are now at a tipping point, after which AI and machine learning will grow exponentially to underpin and benefit every single aspect of human life,” says Kohli.
In comparison, an article published by Forbes shares the more conservative figures made by “research firm Gartner [that] expects the global AI economy to increase from about $1.2 trillion last year to about $3.9 Trillion by 2022, while McKinsey sees it delivering global economic activity of around $13 trillion by 2030”.
Kohli hits back at these estimates by saying “conventional wisdom is too cautious. The internet today is worth $50 trillion. You can take that and extrapolate it to at least three or four times as many applications to get $150 trillion.”
He adds, “I don’t see how it can be any less because AI has so many different industries and applications; Everything that is currently on the internet can also be manifested through AI in smarter and better and more effective ways.”
“I believe $150 trillion is where you get to when keeping our basic human norms and values intact. It is using AI to make our lives more efficient without radically changing our lives to the full extent that AI is capable of.”
By Jenna Cook
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