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The Artificial Intelligence (AI) ecosystem has evolved rapidly in the last five years, with GenerativeAI (GAI) leading this evolution. In fact, the GenerativeAI market is expected to reach $36 billion by 2028 , compared to $3.7 However, advancing in this field requires a specialized AI skillset.
According to most analysts, the answer is an overwhelming yes with global investment expected to surge by around a third in the coming 12 months and continue on the same trajectory until 2028. One of the biggest problems to date is the haste to jump on the bandwagon especially since the introduction of generativeAI and LLMs.
In addition, IDC predicts that there will be 1 billion new logical apps in existence by 2028, driven in part by AI. Meanwhile, integration of necessary apps, systems and data is a moving target. The only constant is change, as applications are replaced and modernized to cloud.
According to IDCs Global DataSphere 1 , enterprises will generate 317 zettabytes of data annually by 2028 including the creation of 29 zettabytes of unique data of which 78% will be unstructured data and 44% of that will be audio and video. An AI agent will gather information from many data sources, plan, reason and take action.
Equitable access to AI is essential to prevent a widening digital divide. The World Economic Forum and VivaTech launched the European Centre for AI Excellence (CAIE) to develop responsibleAI solutions. theguardian.com AI at the Brink: Preventing the Subversion of Democracy The year is 2028.
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