What's the Deal With AI?

For years, we’ve been hearing about and discussing all the possibilities artificial intelligence has opened up. Have those possibilities come any closer to reality? Let’s take a look at the technology, how it’s helping one particular sector, and the most recent forecast for the AI market. For years, we’ve been hearing about and discussing all the possibilities artificial intelligence has opened up. Have those possibilities come any closer to reality? Let’s take a look at the technology, how it’s helping one particular sector, and the most recent forecast for the AI market. [Energy and Capital logo] What's the Deal With AI? By Monica Savaglia Written Aug 22, 2021 When I first started writing for Energy and Capital (more than five years ago), I saw a major artificial intelligence (AI) trend, especially within the technology and medicine sectors. I was constantly reading articles about the potential benefits that this technology was going to bring to a variety of sectors and the impact it was set to have on the global economy. It was exciting reading all about the potential of this technology. I knew that the potential being discussed wasn’t going to be lost — that the next decade was going to be huge for AI and that most likely this was just the starting point. It’s been a while since I've talked about artificial intelligence — mainly because those articles started to die down or I started reading the same thing over and over. Then other topics emerged within the markets and current events sort of shifted the conversation. While the conversation did somewhat shift, companies were still investing in artificial intelligence and working more closely with the technology. It wasn’t going away — rather, it seems it was just getting a little bit of fine-tuning, and companies were getting a better understanding of the technology and some of the possibilities that we could actually start to see very soon. Some of those major players within the artificial intelligence realm include Google, IBM, Baidu, Microsoft, Apple, IPsoft, NVIDIA, Samsung Electronics, and MicroStrategy. Some of them were advancing and investing in AI when we were hearing those murmurs years ago about the technology’s potential and how it could be extremely useful and profitable. One SECRET Company to Buy Now At this moment, we are witnessing the next great technological shift. It will change the world as we know it... Because nearly every single gadget you own is going to be completely obsolete in a matter of months. I’ve uncovered the company that’s secretly pulling the strings through this whole development. [Click here and get the full report before it’s too late.]( AI Is Growing Stronger and Stronger According to a report from Research and Markets, the global artificial intelligence market is expected to grow from $40.17 billion in 2020 to $51.56 billion in 2021, which represents a compound annual growth rate (CAGR) of 28.4%. That is a massive amount of growth in one year. That same report indicates that the global market is expected to reach $171.02 billion in 2025 at a CAGR of 35%. This massive growth within the market can be attributed to those major players investing in AI technologies or AI startups. The Research and Markets report mentions that Microsoft has invested around $1 billion in OpenAI, a San Francisco-based company. OpenAI's and Microsoft’s partnerships aim to develop AI supercomputing technologies on Microsoft’s cloud platform, Azure. AI Helping Detect COVID-19 AI is also paving the way for breakthroughs in research and development and diagnostics in the healthcare sector. Terasaki Institute for Biomedical Innovation (TIBI) researchers are using artificial intelligence technology right now and have developed and validated an image-based detection model for COVID-19. This model can analyze lung images and detect COVID-19 infection. The current go-to method of detecting whether someone has COVID-19 is to collect samples from nasal or throat swabs. However, that method can result in inaccuracies because of sampling errors, low viral load, and sensitivity limitations. Some of these inaccuracies are especially prone to occur when patients are in the early stages of their infection. [QUIZ] Most Investors Get This Wrong What do you think is about to kill Tesla? ([Skip ahead for the answer.]() - [Elon Musk’s tweets]( - [SEC]( - [Chinese competitor NIO]( - [Off-the-radar fuel (NOT hydrogen)]( No matter what you pick, when you really think about it, the answer isn’t actually that surprising. Make your selection to find out! The TIBI researchers have been able to develop an AI image-based detection model that helps identify COVID-19 infection. The model can analyze and identify features as potential diagnostic biomarkers for COVID-19, which allows for researchers to differentiate COVID-19 patients from pneumonia and healthy patients. The AI model has been developed using 704 chest X-rays and validated with 1,597 cases from multiple sources of healthy, pneumonia, and COVID-19 patients. Lead researcher Samad Ahadian, Ph.D., had this to say in a press release: This highly advanced artificial intelligence model further helps our ability to precisely detect COVID-19 patients. In addition, such a model can be applied for diagnosis of other diseases using different imaging modalities. This is great news for being able to diagnose not only COVID-19 but also other diseases. This type of technology is set to become an important tool in diagnosis and prognostic assessments of diseases. Using AI image-based detection shows amazing promise in this area of medicine and could pave the way to assist and improve other areas, which could save lives. TIBI CEO and director Ali Khademhosseini, Ph.D., had this to say: Artificial intelligence-driven models with diagnostic and predictive capabilities are a powerful tool that are an important part of our research platforms here at the institute. This will carry over into countless applications in the biomedical field and in the clinic. Investment in artificial intelligence in medicine and health care is only going to increase in the years to come, which will positively affect future forecasts for the global artificial intelligence market. And this is just one example of how AI is improving lives and innovating the world. Until next time, [Monica Savaglia Signature Park Avenue Digest] Monica Savaglia --------------------------------------------------------------- Quantum Leap Technology to Catapult $6 Stock Mark my words, TriFuel-238 is the fuel of the future. Bold claim, I know. But it’s not unfounded... It’s not just because a single pound of this fuel can keep a Ford F-150 pickup truck running for 249,180 miles... And it’s not because limited battery capacity and range anxiety is a growing concern for the electric vehicle crowd. It’s because this fuel is the most efficient and cheapest option, and it’s also completely emission-free. 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