Why AI Is Taking Off

By 2030, there will be a projected 660 zettabytes of data worldwide. There are three broad reasons this is not another false start for AI. Machine learning refers to teaching algorithms using lots of labeled data so that the algorithms can then look at new unlabeled data and make educated guesses or inferences about it. The third reason AI is growing so quickly is that it no longer requires government funding because so many companies are making real money from it today.