Artificial Intelligence To Grow 5X By 2021, Don’t Panic… Yet: JPMorgan

Artificial intelligence is not a zero-sum, winner takes all game. It is an advancement that will result in a wide variety of companies benefitting, a recent JPMorgan report points out. The significant degree of hype surrounding the larger technical categorization of AI has been blistering, but it is justified, the report claims, pointing to spending levels on AI-focused hardware, software and services forecast to increase by more than 5x over by 2021. Humans shouldn’t panic about their future existence being threatened, not yet anyway. Artificial intelligence will be narrowly focused. The real action is not in artificial intelligence making humans…