Capital Markets Autumn 2020
I
Artificial Intelligence Beyond the Election
• As data growth explodes and computing becomes more powerful, artificial intelligence is likely to become more advanced and begin to permeate decision making • AI investment has been most prolific in autonomous driving, drug studies, facial recognition, and digital content*
I
II
Global AI Spending
Leading AI Use Cases
11%
III
$110
7%
7%
6%
6%
IV
$50
Billions ($)
V
2020
2024
Automated customer service agents
Sales process recommendation and automation
Automated threat intelligence and prevention
IT automation Fraud analysis and investigation
VI
Source: AI spending and use cases from IDC, August 2020. *Stanford Artificial Intelligence Index, 2019 annual report.
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