Artificial Intelligence Development Trend: Global Market Scale Increases 15% Year-on-Year

At one time, artificial intelligence was just a picture depicted in science fiction. Today, with the promotion of a new round of scientific and technological revolutions and industrial changes, some applications of artificial intelligence are increasingly changing our lives. Humanity has entered the "Intelligent Age," and countries around the world have taken a swift approach to deployment. China has also made a strategic deployment. The State Council issued this year's "Next-Generation Artificial Intelligence Development Plan" and put forward the guiding ideology, strategic objectives, key tasks, and safeguard measures for the development of China's next-generation artificial intelligence in 2030. It is deployed to build the first-mover advantage in the development of artificial intelligence in China and speed up the construction of innovative types. National and world technology power. The "Economic Information Daily" will launch "Intelligent Times" series of reports (up and down three articles) from today onwards, for readers. Statistics from 20 authoritative organizations at home and abroad quoted by the “Economic Information Daily” reporter show that in the next decade (up to 2030), artificial intelligence will boost global GDP growth by about 12%, nearly 10 trillion US dollars. Institutional analysis states that artificial intelligence will promote and pull the global economy in three forms and ways, while the United States and China may become leaders in technology and industry. Development Trends: Global Market Size Increases 15% Year-on-year According to the CCID Research Institute, in 2018, the global artificial intelligence market will reach 269.73 billion yuan, with a growth rate of 17%. More institutional data shows that in the past five years, the global artificial intelligence market has grown at an average annual growth rate of 15%. At the end of 2016, the market size of China's artificial intelligence is still less than 30 billion yuan. It is expected that by 2018, the market size is expected to exceed 38 billion yuan, with a compound growth rate of 26.3%. According to statistics of VentureSCAnner, as of 2016, there were nearly 1,000 artificial intelligence companies worldwide, and the United States ranked first with 502 companies. Currently international tech giants, including Google, have entered the field of artificial intelligence. Institutional analysts such as Goldman Sachs and China National Capital Corporation said that by 2030, more than half of the growth will be attributed to the increase in labor productivity, and the other mainly from the increase in consumer demand stimulated by artificial intelligence. Most of the agencies said in an interview that, on the whole, all countries in the world will benefit from artificial intelligence and achieve substantial economic growth. From now until 2030, global GDP will increase by about 12%, nearly 10 trillion US dollars. North America and Europe will be the biggest beneficiaries of this round of smart revolutions. In developing countries (especially Latin America and Africa), due to the lower expected adoption rate of artificial intelligence technologies, artificial intelligence will promote their moderate economic development. The report of the world-famous agency PricewaterhouseCoopers pointed out that artificial intelligence will boost the global economy. Quantitatively, from now until 2030, artificial intelligence will boost global GDP by 14%, which means artificial intelligence by 2030. It will contribute 15.7 trillion U.S. dollars to the world economy. The average forecast of several other international agencies is that in the next decade, artificial intelligence will increase global GDP by about 12%. In an interview with a reporter, experts from PricewaterhouseCoopers said, “From a geographical point of view, China and North America are expected to become the largest beneficiaries of artificial intelligence, with total benefits equivalent to US$10.7 trillion, accounting for nearly 70% of global growth. In the early days of artificial intelligence, due to high technology maturity, North American productivity growth will be faster than China, but ten years later, if China completes relatively slow accumulation of technology and expertise, it will begin to surpass North America.” Yongdao also introduced the concept of artificial intelligence impact index. Since artificial intelligence will increase productivity and product value, and promote consumption growth, retail, financial services and healthcare will be the biggest beneficiaries. Accenture expects that as a new production factor, artificial intelligence has the potential to increase China's total economic value added by 2035 to 7.1 trillion US dollars. The report also found that thanks to artificial intelligence to help employees use their time more effectively, by 2035, artificial intelligence is expected to boost labor productivity in China by 27%. ChuanNeoChong, Accenture Greater China President, said: “China has made great progress in artificial intelligence. Of course, like any technology that drives change, we should face up to the challenges and risks of artificial intelligence. Each stakeholder It should be prepared in all aspects of intelligence, technology, politics, ethics, and society, and meet the future of artificial intelligence." Artificial intelligence is portraying a huge future market. Artificial intelligence will generate hundreds of billions of dollars or even trillions of dollars worth of industries. Taking the financial industry as an example, Goldman Sachs estimates that by 2025, artificial intelligence can create value of approximately $34 billion to $43 billion per year through cost savings and new profit opportunities. According to statistics from relevant agencies on global investment in artificial intelligence, 2016 was US$4.25 billion, and the average annual growth rate in the past five years was 50.11%. From the number of mergers and acquisitions of artificial intelligence companies and the number of IPOs, from just two in 2012 to 68 in 2016, global venture capital in the field of artificial intelligence soared from 589 million dollars in 2012 to 2016. More than 5 billion U.S. dollars. Power Logic: Three Ways to Inspire Growth "Economic Information Daily" interviewed authoritative organizations at home and abroad learned that artificial intelligence on the promotion and traction of the global economy, may present three forms and methods. First, it creates a new virtual workforce that can solve complex tasks that require adaptability and agility, namely "smart automation"; second, artificial intelligence complements and enhances existing labor and physical assets. Improve employee capabilities and increase capital efficiency. Third, the popularization of artificial intelligence will promote relevant innovations in multiple industries, improve total factor productivity, and open up new opportunities for economic growth. Based on the simulation analysis of the overall impact of artificial intelligence on China's economy, combined with industry-scale data, Accenture analyzed the possible economic impact of artificial intelligence on China's 15 industries. Studies show that manufacturing, agriculture, forestry, fishery, wholesale, and retail industries will become the three industries that benefit most from artificial intelligence applications. By 2035, artificial intelligence will boost the annual growth rate of the three major industries by 2%, 1.8% and 1.7% respectively. The latest research from Goldman Sachs stated that in the entire U.S. industry, it was found that under the urging of automation, labor time decreased by about 0.5% to 1.5%. According to relevant case predictions, 1.61% of the US's growth productivity in 2025 will be contributed by artificial intelligence, which is 11 basis points higher than in 1995-2004. In recent years, venture capital related to AI-related startups has increased dramatically. In particular, cloud platforms have invested heavily in AI-related talent. Since 2014, Google, Amazon, Microsoft, and Salesforce have conducted a total of 17 projects and artificial intelligence. Related acquisitions. Tang Tao of the Silicon Valley Technology Association of the United States stated that at present, the world is in the early stages of the artificial intelligence platform, and future applications, tools, and service enablers will explode. Relevant data show that from 2001 to 2015, artificial intelligence robots contribute 0.4 percentage points to the GDP growth of 17 countries each year. There are many cases where artificial intelligence significantly increases labor productivity and partially replaces workers. Japanese insurance companies introduced IBM's artificial intelligence system in place of 34 white-collar workers in 2017. According to Japanese media reports, in this project, US$1.7 million was spent on the introduction of IBM’s artificial intelligence system, and the annual maintenance cost was approximately US$128,000. By using artificial intelligence systems, the company will save $1.1 million in annual expenditures in the future, which means that the investment will be able to recover costs after two years of investment. Artificial intelligence will also increase some "troublesomes" while improving production efficiency. According to reports, in the United States, the number of traders in the financial industry has decreased by 10% to 20% in recent years. Financial technology companies that integrate information technology and finance such as artificial intelligence "have appeared one after another in New York." The service center business of Infosys, a large IT service company in Mysore, the southern capital of India, was replaced by an artificial intelligence system capable of recognizing speech, and system development also involved artificial intelligence. While improving production efficiency, approximately 5% of the company's 190,000 employees, equivalent to more than 8,000 jobs, ceased to exist. The research results of Japan's Nomura Research Institute and the University of Oxford in the United Kingdom show that artificial intelligence can replace 49% of human work in the future. Of course, artificial intelligence is creating new careers while reducing human jobs. For example, to meet the needs of customers need to modify the artificial intelligence program personnel, as well as data analysis and processing personnel, such as business needs more and more. Chen Xiaobing, president of Accenture Greater China Information Technology Services, said: “Artificial intelligence will change the future of Chinese industries. To fully realize its potential, business leaders need to incorporate artificial intelligence into their development strategies, which means that companies need to adjust The company's structure is to make full use of artificial intelligence and think more about its operations and business model." Big power: China, the United States, or the world leader In response to the rapid development of artificial intelligence, the United States issued "Preparing for the Future of Artificial Intelligence" in October 2016, and made the status quo of artificial intelligence, current and potential applications, and possible social and policy issues. In-depth analysis, and proposed the federal government in scientific research, technology, personnel training and governance initiatives. The United States has been at the forefront of basic research in artificial intelligence, mainly supported by federal research funds and government laboratories. The federal government’s research and development of open artificial intelligence is mainly managed through the Network and Information Technology Research and Development (NITRD) project, and has received the National Defense Advanced Research Projects Agency (DARPA), the National Science Foundation (NSF), and the United States National Supported by institutions such as the National Institutes of Health (NIH), the Office of Naval Research (ONR), and the Institute for Advanced Research in Intelligence (IARPA). National strategic computing initiatives, big data initiatives, and advanced innovative neural network technology initiatives also indirectly promote research and development of artificial intelligence. Japan also attaches great importance to the development of artificial intelligence. It not only regards the Internet of Things, artificial intelligence, and robots as the core of the fourth industrial revolution, but also establishes a relatively complete R&D promotion mechanism at the national level, and identifies 2017 as the first year of artificial intelligence. . The European Union has selected the “Human Brain Project” as one of the flagship projects for future emerging technologies, laying a technological foundation for a new brain research model based on information and communication technologies and accelerating the transformation of brain science research results. The European Commission and the European Robot Association have completed the SPARC project to finance innovation in the robotics field. By 2020, the European Commission will invest 700 million euros, and the annual output value of the European robotics industry will increase to 60 billion euros, accounting for 42% of the global market share. According to reports in the Japanese media, in the field of artificial intelligence research, where competition has become increasingly fierce, the “sense of presence” of the United States and China is strengthening. The analysis of the Institute of Science, Technology and Academic Policy under the Ministry of Education, Culture, Sports, Science and Technology of Japan shows that China and the United States have an overwhelming advantage from the results of the major international associations, and the joint research reports of the two countries are also increasing. In addition, there have also been cases where Chinese companies provide research investment to American universities. On July 20 this year, the State Council of the People's Republic of China issued the "New Generation Artificial Intelligence Development Plan" and proposed the guiding ideology, strategic objectives, key tasks, and safeguard measures for the development of a new generation of artificial intelligence in China in 2030, and deployed to build the development of artificial intelligence in China. First-mover advantage, speed up the construction of innovative countries and the world's scientific and technological power. China plans to “build three steps” to build artificial intelligence development goals. By 2030, artificial intelligence theory, technology and applications will reach the world's leading level and become the world's leading artificial intelligence innovation center. The breadth and depth of application of artificial intelligence in production, life, social governance, and national defense construction are greatly expanded. A complete industrial chain and high-end industry cluster covering core technologies, key systems, supporting platforms, and intelligent applications are formed. The scale of artificial intelligence core industries exceeds 1 With trillions of yuan, the scale of related industries has driven more than 10 trillion yuan. Most international agencies interviewed said that in terms of research capabilities, China and the United States have the potential to lead in artificial intelligence. Artificial intelligence research has previously led the world in basic research by American universities such as MIT, the University of California, and Stanford University. In recent years, artificial intelligence companies such as Google, Facebook, and Microsoft have also been pushing forward. At the same time, the research capabilities of Chinese universities and companies are also significantly improving. Foreign institutions analyzed and investigated three international conferences with authority in the field of artificial intelligence research. Judging from the most authoritative international conference of the American Artificial Intelligence Society, the research results of the United States and China have increased dramatically in recent years. In 2015, the number of universities and enterprises in the United States reached 326 (48.4%), the highest proportion, followed by China’s 138 (20.5%). The two countries account for about 70% of the total. Japan ranked eighth, only 20 (3%). In the past 6 years, 74.6% of U.S. publications have been studied together with other countries, especially with China reaching 80. Some analysts believe that there are many cases in which Chinese students study jointly with universities in the United States after returning home. On the corporate side, IT giants such as Amazon, Apple, Facebook, and Microsoft, as well as domestic Internet giants such as Baidu, Alibaba and Tencent, all agreed that artificial intelligence should be regarded as the breakthrough point for the next technological revolution and invest heavily in accelerating the layout. The accuracy of automatic translation artificial intelligence developed by Google is high and has attracted the attention of researchers. DeepMind Technologies, the company's company, is making progress in emulating the artificial intelligence that humans use to determine this mechanism. The data shows that Google has acquired 11 artificial intelligence companies since 2012. In the first half of this year alone, Google has already achieved two acquisitions in this area. The most recent acquisition took place on July 13 this year, with the acquisition of HalliLabs, an Indian artificial intelligence company. Apple, which has always been low-key to deal with corporate acquisition strategies, has also taken actions in the field of artificial intelligence. In the past year, it has acquired three artificial intelligence companies, Emotient, Turi and Tuplejump. Intel bought three companies, Itseez, Nervana Systems and Movius. In addition, Amazon acquired Orbeus, an artificial intelligence startup with image recognition technology. In Japan's budget proposal for 2017, Japan applied for 92.4 billion yen for research related to artificial intelligence, which is 9 times the initial budget for 2016. Japan plans to establish an artificial intelligence institute at the Institute of Physical Chemistry so as to strengthen cooperation with companies and launch a new drug development plan based on artificial intelligence. Japanese companies have also joined the research and application of artificial intelligence.