Search AI Products and News

According to a recent Gartner report, global spending on generative AI is projected to reach $644 billion by 2025, a 76.4% increase from 2024. This significant growth reflects the rising adoption of generative AI by businesses. The report indicates that hardware will constitute a substantial portion of the generative AI spending in 2025. (Image generated by AI; image licensing provided by Midjourney)

According to the latest US Bureau of Labor Statistics population survey data, the number of computer programming jobs in the US has fallen to its lowest level since 1980 due to the rapid development of artificial intelligence technology. At that time, the internet was not yet widespread, yet today, job opportunities in this field have significantly decreased. Image Note: Image generated by AI, image licensing provider Midjourney. Looking back at history, in 1980, the US had over 300,000 computer programming positions. This number reached over 700,000 during the internet boom of the early 2000s. However...

Liu Qingfeng, chairman of iFLYTEK, proposed establishing AI unemployment insurance at the Two Sessions to create a more employment-friendly society in China. This addresses potential job displacement due to AI advancements.

India's technology outsourcing sector is facing challenges brought about by artificial intelligence (AI), as the rise of AI could lead to significant job losses, affecting an industry that contributes 8% to the Indian economy. In the past year, the industry added only 60,000 jobs, marking a ten-year low, while the total number of employees in three major tech companies decreased by over 60,000 during the same period. The labor intensity of the industry is decreasing, with the number of employees required to generate $1 million in annual revenue dropping from 27 to 21, indicating that AI may exacerbate this trend. Indian outsourcing companies are actively responding by training employees to adapt to the future demand for advanced skills.

South Korea has seen its semiconductor exports reach an all-time high due to the soaring global demand for artificial intelligence, prompting the government to significantly increase its economic growth forecasts. According to the Ministry of Economy and Finance's statement on Wednesday, the government predicts that the country's gross domestic product will grow by 2.6% this year, which is 0.4 percentage points higher than the previous forecast. Meanwhile, the inflation rate remains unchanged at

Broadcom raised its annual revenue forecast for chips that assist artificial intelligence efforts by 10% on Wednesday and announced a stock split to address the surge in its share price this year. The chipmaker, headquartered in Palo Alto, California, saw its stock rise 12% in extended trading.

China implemented new laws governing deepfakes, Microsoft made significant investments in OpenAI, the U.S. Department of Defense updated its directives on autonomy in weapon systems, NIST released an AI risk management framework, and the U.S. and EU announced acceleration of joint AI research.

In the fourth quarter of 2023, global spending on cloud infrastructure services grew by 19% year-over-year, reaching $78.1 billion. The top three cloud providers, AWS, Microsoft Azure, and Google Cloud, accounted for 66% of total spending. Global spending on cloud infrastructure services is expected to grow by 20% in 2024. Leading cloud providers are increasing investments in generative AI to meet the rising demand.

["Artificial intelligence experts say that tools like ChatGPT may threaten white-collar jobs, especially in programming and legal assistance.", "Media, market research, and teaching professions that involve writing are also at risk, as AI excels at processing large amounts of text information.", "Financial analysts and traders deal with significant data processing, making them susceptible to being replaced by AI tools.", "ChatGPT can automatically generate code and documents, greatly increasing efficiency and likely leading to layoffs.", "However, artificial intelligence still requires human judgment and will not entirely replace human input."]

The IMF president warns that 40% of global jobs will be affected by AI, with 60% of jobs in developed countries potentially impacted and 40% in emerging markets. AI may enhance efficiency in some jobs but could also replace certain positions. The IMF calls for the establishment of a social safety net to provide retraining for affected workers. Similar warnings have been issued by institutions such as Goldman Sachs.

By 2027, generative AI is expected to automate 30% of routine marketing tasks in the Asia Pacific region, reshaping the marketing landscape. Primary responsibilities will include search engine optimization, content and website optimization, and customer data analysis. By 2028, large enterprises in Asia Pacific will implement generative AI to automate 30% of consumer journey behaviors, covering the marketing to sales process. By 2026, more than half of consumers are expected to use generative AI for product and service discovery, evaluation, and purchasing decisions. This trend will change marketers' roles, emphasizing advanced skills such as storytelling.

The UK Department for Education has released a report suggesting that 10-30% of jobs may be automated by AI. Sectors such as finance, law, and business management are expected to be the most affected, with positions in telemarketing, law, and psychology being particularly vulnerable. Research by the European Central Bank indicates that the application of artificial intelligence is linked to job growth in high-skilled positions and among younger workers. AI could accelerate structural economic changes, necessitating attention to the quality of management and the building of social safety nets.

After experiencing seven consecutive quarters of decline, the global PC market is expected to see a 5% recovery in 2024. The total PC shipments for the year are anticipated to grow by 8%, with AI-enabled PCs accounting for approximately 19% of the market share. The commercial sector is expected to see a significant surge, while ARM architecture PCs will have a competitive advantage.

In 2023, the global genomics artificial intelligence market size reached $11.5 billion and is expected to reach $19.72 billion by 2030, with a compound annual growth rate of 50.1%. The surge in genomic data is driving the application of AI in genomics, accelerating drug discovery and diagnostics, while reducing costs. Increased awareness among medical professionals and the public about the potential benefits of AI in genomics is propelling market demand. During the forecast period, on-premise delivery models are expected to dominate the global genomics artificial intelligence market.

["Google DeepMind has released GraphCast, a global weather AI model that accurately predicts the weather for the next 10 days in just 1 minute.", "Trained on data from the European Centre for Medium-Range Weather Forecasts, it boasts an accuracy rate of over 90%.", "The model is open source, driving significant advancements in the field of weather forecasting.", "GraphCast demonstrates superior performance in extreme weather prediction and cyclone tracking.", "This model marks an innovative step forward in the field of weather forecasting, providing a powerful tool for future meteorological research."]

With a large number of retirements among the elderly, the demand for blue-collar positions will increase. 4% of blue-collar jobs are hardly affected by AI. AI may enhance safety in blue-collar workplaces. Blue-collar jobs are more resistant to AI impacts and can improve efficiency with AI assistance. Professions that do not need to swim against the tide in changing economic landscapes can continue to create value.

Goldman Sachs has raised its long-term GDP growth estimates for the U.S. and several major economies, anticipating that generative AI will enhance productivity over the next decade. The firm projects that by 2034, AI technology will contribute 0.4 percentage points to U.S. GDP growth, pushing the GDP growth rate to 2.3%. Additionally, Goldman Sachs has upgraded its long-term GDP growth forecast for the Eurozone, expecting it to reach 1.4% by 2034. The firm noted that companies will need time to adopt AI technologies, and their impact may take years to materialize. The report acknowledges uncertainty regarding the timeline and magnitude of these effects.