The article explores the rapidly evolving landscape of artificial intelligence (AI), predicting a crowded and competitive AI frontier by 2024. It highlights the significant investments and advancements made by tech giants like Google, Microsoft, and Amazon, as well as the emergence of AI startups and smaller players. The author suggests that the AI race will intensify, leading to potential winners and losers. Key points include: 1) The AI market is expected to grow exponentially, with a projected value of $554 billion by 2024. 2) Major tech companies are pouring billions into AI research and development, aiming to gain a competitive edge. 3) Startups and smaller firms are also making strides in AI, challenging the dominance of tech giants. 4) The article emphasizes the importance of data, computing power, and talent acquisition in determining the success of AI initiatives. 5) Potential winners in the AI race could gain significant market share and influence, while losers may struggle to keep up or face obsolescence.
Source: https://www.businessinsider.com/ai-frontier-crowded-winners-losers-2024-8