How Generative AI Will Shape the Next Decade: A ... - Analytics …

Jun 7, 2023 · Research conducted by Bloomberg Intelligence predicts that the generative AI market will grow into a trillion-dollar market, reaching an astounding value of $1.3 trillion within …

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How Generative AI Will Shape The Next Decade: A ... - Analytics …

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Jun 7, 2023 · Research conducted by Bloomberg Intelligence predicts that the generative AI market will grow into a trillion-dollar market, reaching an astounding value of $1.3 trillion within …

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How does generative AI Impact the environment?

The rapid adoption of generative AI tools has made the negative environmental impact of GenAI, which the public and governments are calling out, an immediate concern for business leaders. Minimizing the energy and resources required for AI training and development is critical. ...

How generative AI is transforming big data analytics?

Data analytics has the potential to revolutionize decision making, product innovation and operational efficiency in various industries. By integrating generative AI into big data analytics, businesses can process big data to derive complex insights for data-driven, informed decision making as well as customer satisfaction and business growth. ...

How generative AI will impact the environment in 2028?

By 2028, 30% of GenAI implementations will be optimized using energy-conserving computational methods, driven by sustainability initiatives. The rapid adoption of generative AI tools has made the negative environmental impact of GenAI, which the public and governments are calling out, an immediate concern for business leaders. ...

Is generative AI the future of Tech?

“The advent of generative AI is a seminal moment in tech, more so than the Internet or the iPhone,” said Mark Murphy, Head of U.S. Enterprise Software Research at J.P. Morgan. “We see the potential for a massive workforce productivity boom over the next one to three years, which could affect the shape of the economic cycle. ...

What is generative AI & why is it important?

Professionals in fields such as education, law, technology, and the arts are likely to see parts of their jobs automated sooner than previously expected. This is because of generative AI’s ability to predict patterns in natural language and use it dynamically. Source: The economic potential of generative AI: The next productivity frontier ...

What are Gartner's predictions for generative AI?

Gartner’s predictions keep IT leaders informed of and ahead of rapidly unfolding generative AI technology developments. We offer foresight into the rise of domain-specific models, use of synthetic data and mitigating the environmental costs of GenAI. Generative AI technologies will greatly evolve in the next four years. ...