Investments in AI will reach $200 billion

The Goldman Sachs bank predicts that by 2025, investment in artificial intelligence (AI)-related projects will reach $200 billion. The volume of investment could reach 2.5-4% of the GDP of countries such as the United States.

The study says that the US market will become the most developed. The US will confirm its status as an IT power if it creates conditions for the expansion of AI-oriented business.

Goldman Sachs believes that the development of the IT industry will help accelerate economic growth and improve the quality of life.

The authors of the report emphasized, “Investment [in artificial intelligence] could reach about $200 billion by 2025. The development will contribute to productivity growth.”

Interest in AI has intensified in recent months. One in six companies on the Russell 3000 list cited it as one of the most promising areas of business. In 2016, only 1% of companies were betting on AI growth.

IDC analysts came to a similar conclusion back in 2019. They published a study in which they predicted the growth of capital investments in the field of artificial intelligence by 80% in the Asia-Pacific region alone.

The greatest activity, according to analysts, will be demonstrated by investors from China, Japan and South Korea.