Inflection Point
Artificial Intelligence (AI) is the ability of machines to perform tasks that would normally require human intelligence. The rise in computer power, along with digital data, is what makes AI important today. Although forms of AI have existed since 1956, the next phase of artificial intelligence is only recently visible[1]. A recent report by UNESCO estimates that artificial intelligence research grew 50% from 2015 to 2019. The combined research growth, along with an increase in spending, is creating a technological land rush in the field of artificial intelligence. The World Intellectual Property Organization has highlighted AI as one of the most rapidly growing areas of issued and filed patent applications. It has also been identified as one of the key frontier digital technologies along the Internet of Things (IoT), blockchain, the metaverse, big data, and cloud computing.
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