Arrival of AGI - Prediction
Read the latest estimate from experts and the public on when the first general AI system will be devised, tested, and publicly announced
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Read the latest estimate from experts and the public on when the first general AI system will be devised, tested, and publicly announced
In 2023, worldwide expenditure on artificial intelligence (AI) is anticipated to reach $154 billion, reflecting a significant growth of 26.9% compared to the expenditure in 2022. The continuous integration of AI across various products will drive a compound annual growth rate (CAGR) of 27.0% during the forecast period from 2022 to 2026.
As of 2023, the market size value is estimated to be USD 196.63 billion. However, based on revenue forecasts, it is projected to reach USD 1,811.75 billion by 2030. This indicates a remarkable growth rate, with a compound annual growth rate (CAGR) of 37.3% from 2023 to 2030.