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Before heading toward the trends, let’s have a look at some statistics related to Generative AI’s market size and its predictions for the future: Statistics on Generative AI’s Market Size The Generative AI market is expected to grow exponentially between 2023 and 2030. dollars, nearly double the size of 2022.
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Hence, introducing the concept of responsibleAI has become significant. ResponsibleAI focuses on harnessing the power of Artificial Intelligence while complying with designing, developing, and deploying AI with good intentions. By adopting responsibleAI, companies can positively impact the customer.
With the global AI market exceeding $184 billion in 2024a $50 billion leap from 2023its clear that AI adoption is accelerating. By 2030, the market is projected to surpass $826 billion. This blog aims to help you navigate this growth by addressing key enablers of AIdevelopment.
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