Many nations in the world have adopted Artificial Intelligence and the governments are working out policies to streamline efforts and achieve specific results in this domain. The government of India is also examining an Artificial Intelligence strategy about which we will discuss in this weekly guide on Artificial Intelligence. We will also see what are the top four AI trends for 2021.
Given the Indian Government believes that Artificial Intelligence can boost the country’s GDP with $957 billion by the year 2035. It is also expected that AI will boost India’s annual growth by 1.3% by 2035 again. MeitY and NITI Aayog are working on a national strategy on artificial intelligence that was released in June 2018. This strategy defines the proposed efforts in research, development, adoption, and skills in AI.
NITI Aayog has proposed an investment of Rs 7,500 crore for funding five centres for research excellence (CORE) and 20 international centres for transformational AI (ICTAI).
Artificial intelligence has been around for quite a while now and has been instrumental in driving technology developments. AI advancements will change how we live, work, and play in the near future. Here are four key trends in the domain of AI for the year 2021.
- Smarter Big Data Analytics and Insights
- Automatic Detection and Prevention
- Business on the rebound – predicting behavioural transformation
- Shutting down the next pandemic before it even starts
Read more about these trends here.
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