Technology Quarterly | Artificial intelligence and its limits
An understanding of AI’s limitations is starting to sink in
After years of hype, many people feel AI has failed to deliver, says Tim Cross
IT WILL BE as if the world had created a second China, made not of billions of people and millions of factories, but of algorithms and humming computers. PwC, a professional-services firm, predicts that artificial intelligence (AI) will add $16trn to the global economy by 2030. The total of all activity—from banks and biotech to shops and construction—in the world’s second-largest economy was just $13trn in 2018.
This article appeared in the Technology Quarterly section of the print edition under the headline “Reality check”