The AI (artificial intelligence) market is poised to grow tremendously in the next few years. A new report from Technavio suggests the market will grow by a massive $76.4 billion between 2021 and 2025 at a CAGR (compound annual growth rate) of 21%. Factors contributing to this growth include the use of AI in cybersecurity and fraud prevention in an increasingly digital age. AI’s ability to enhance employee productivity and streamline operations are additional reasons companies are adopting AI solutions, especially after the hit so many businesses took in 2020 due to the COVID-19 pandemic. But as AI adoption grows, so does the need for conversations about trust. Does the industry need more than conversations? Does it need rules?
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Original article: EU Commission Proposal Ensures Trust in AI Is Non-Negotiable
Author: Connected World Staff