Is it the inevitable wave of the future, or too competitive to risk capital? Here\u2019s what investors should know about the benefits and risks of investing in artificial intelligence.<\/p>
Artificial intelligence (AI) is a term broadly applied to machines programmed to think like humans. This simulation of human intelligence typically requires three components: perception, reasoning and learning.<\/p>
AI is becoming increasingly prevalent in today\u2019s technology-infused world. In fact, many of us encounter artificial intelligence daily. This type of technology is applied in countless ways, but we most frequently interact with AI through smartphone virtual assistants, chatbots, cybersecurity, smart home devices and semiautonomous vehicles.<\/p>
Like most subcategories in the tech sector, artificial intelligence is on the rise. And as big names in the industry like Amazon, Microsoft and Google continue to beef up their AI programs, so too do the newer players in this space, like Catasys and Sonos.<\/p>
The increasing prevalence of artificial intelligence suggests this industry will only continue to grow as we become more accustomed to the many benefits this technology offers. AI\u2019s various applications across healthcare, finance, travel and more help cement its status as one of the biggest industries to watch in the coming years. In fact, Statista suggests that global revenue<\/a> from the AI software market will grow to be worth USD $126 billion by 2025 \u2014 a market worth USD $14.69 billion in 2019.<\/p> And the good news is that there\u2019s money in this type of technology. Don\u2019t believe it? Simply ask Facebook, Tesla or any number of other blue-chip giants with a robust AI department at their disposal.<\/p> Beyond potential dividends, you also have the opportunity to support companies producing technology you may actually use or benefit from in the future. And there\u2019s no denying it \u2014 advancements in the world of AI are just plain exciting. Who doesn\u2019t want the opportunity to brag about supporting the next up-and-coming self-driving taxi fleet?<\/p>\n \n\n