5 Charts that Show what People around the World Think about AI

Let's look at the top five charts that show what people around the world think about AI.

It has been experienced that artificial intelligence tools and machines have helped industries across the world with smart functionalities. It has helped in boosting productivity, meeting customer satisfaction, eliminating errors and scams, and many more. Meanwhile, a group of people considers AI to be an enemy that wants to replace their existing job roles. Thus, let's look at the top five charts that show what people around the world think about artificial intelligence.

Trust in Artificial Intelligence

A large number of people believe that AI-based tools can help to detect fraud, help reduce spending and make stock market investments. Interestingly, 73 percent of business leaders trust Artificial Intelligence bots more than themselves to manage finances. In technical tasks that require data analysis, trust in AI is higher than in humans. In tasks that require social intelligence, the trust in humans is higher than in AI; high self-confidence moderates the trust in Artificial Intelligence.

Current Status of AI

Artificial intelligence has become a technological reality for businesses and organizations across industries. Even if its benefits may not be always easy to quantify, AI has proven itself capable of improving process efficiency, reducing human errors and labor, and extracting insights from big data.

Scope of Artificial Intelligence

The scope of Artificial Intelligence in India is still in the adoption stage but slowly it is being used to find smart solutions to modern problems in almost all the major sectors such as Agriculture, Healthcare, Education and Infrastructure, Transport, Cyber Security, Banking, Manufacturing, business, Hospitality, and more.

Rise of AI

Findings from various surveys it was indicated that AI adoption continuing its steady rise: 56 percent of all respondents report AI adoption in at least one function, up from 50 percent in 2020.

Future of Artificial Intelligence

Although AI is one of the most rapidly developing sectors, we are not there yet. The future of artificial intelligence looks bright. Statistics show that for 2019 alone the AI market will experience a 154% growth. It is expected to grow every year until 2025 by more than 120%-140% each year.