The implications of Artificial Intelligence for the future
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Artificial Intelligence may wipe out millions of jobs across various sectors, including manufacturing and services, according to some studies. China is predicted to take home nearly double the amount of North America's gains in AI deployment, estimated to add $15.7 trillion to global GDP by 2030.
Artificial Intelligence is expected to have a significant impact on the future of work. Millions of jobs may be lost across various sectors, including manufacturing and services. China and the US are competing to become global leaders in AI, with China having an edge in entrepreneurship, data, and government support. The economic balance of power is shifting in favor of China, which is predicted to gain $7 trillion from AI deployment by 2030. AI research relies on specialized high-performance computing systems, which are optimized for massive parallel processing and require enormous amounts of power. The development of AI products and training of algorithms is a rapidly evolving field, with both giants and startups investing heavily in research and development.
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