The Great AI Boom Ahead

Artificial intelligence (or AI) is the next big thing!  Accenture and Frontier Economics concluded that AI could drive U.S. economic growth to an average of 4.6% annually during the 2020s.  The McKinsey Global Institute estimates that, in constant dollars, AI should add $13.5 trillion annually to global GDP, by 2030.  And Bain & Company forecasts an $8 trillion boom in capital spending as AI and robotics transform almost every industry.  Where does this boom stand?  What’s ahead for the wave of AI-based start-ups, already funded?  And what are the implications of a.....

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