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AI News Weekly - Issue #380: 63% of IT and security pros believe AI will improve corporate cybersecurity - Apr 11th 2024

AI Weekly

forbes.com GenAI to increase marketing productivity by more than 40% by 2029, says IDC New research from IDC shows that applying generative artificial intelligence (GenAI) to a range of enterprise marketing tasks will result in an estimated productivity increase of more than 40% by 2029.

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Retailers can tap into generative AI to enhance support for customers and employees

IBM Journey to AI blog

trillion on retail businesses through 2029. While generative AI currently makes up only 9% of the retail industry’s bottom line impact in 2023, IHL anticipates generative AI will grow to represent 78% of the total financial impact by 2029, reaching a total of USD 4.4 trillion in that year.

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What Is the Law of Accelerating Returns? Will It Lead Us to AGI?

Unite.AI

” The AI industry has advanced rapidly over the past few year thanks to the rapid development of deep reinforcement learning algorithms, many that power today's Large Language Models (LLMs). And now I think it may be 20 years or less.”

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10 everyday machine learning use cases

IBM Journey to AI blog

Machine learning (ML)—the artificial intelligence (AI) subfield in which machines learn from datasets and past experiences by recognizing patterns and generating predictions—is a $21 billion global industry projected to become a $209 billion industry by 2029. ML can also conduct algorithmic trading without human intervention.

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2024 Tech breakdown: Understanding Data Science vs ML vs AI

Pickl AI

Data Science extracts insights, while Machine Learning focuses on self-learning algorithms. Key takeaways Data Science lays the groundwork for Machine Learning, providing curated datasets for ML algorithms to learn and make predictions. Emphasises programming skills, understanding of algorithms, and expertise in Data Analysis.

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Navigating the 2024 Data Analyst career growth landscape

Pickl AI

Predictive Modeler Harnessing the power of algorithms to forecast future trends, aiding businesses in strategic decision-making. billion Value by 2029 – $32.19 billion Value by 2029 – $92.99 Value in 2021 – $1.12 billion 26.4% by 2030 Edge Computing Reducing latency and fostering continuous operations.

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The Dark Side of AI — How Can The Creators Help?!

Towards AI

Artificial intelligence will reach human levels by around 2029. Diversity within the data-sets: Ensure diverse representation in the data sets on which the algorithm is trained on. Minimum necessary data — The organizations should ensure that they define, collect, and use only the minimum required data to train an algorithm.