Global AI Investment Trends: Leading Use Cases, Geographic Insights, and Future Growth
The AI Use Cases Podcast
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Steve Metcalf
PodcastAI
PodcastAI

Global AI Investment Trends: Leading Use Cases, Geographic Insights, and Future Growth

E28 • Aug 20, 2024 • 6 mins

This episode begins with a welcome and an introduction to the topic, focusing on global AI investment trends. It provides a detailed breakdown of AI technology and industry spending growth. The discussion highlights leading, emerging, and fastest-growing AI use cases. Geographic trends in AI spending are also examined. The episode concludes with a summary of AI investment's optimistic future, followed by closing remarks and a call to action.

Key Points

  • Global AI spending is projected to more than double by 2028, reaching $632 billion, driven by a compound annual growth rate of 29 percent.
  • Generative AI investments are growing rapidly, with a projected five-year compound annual growth rate of 59.2 percent, reaching $202 billion by 2028.
  • The financial services industry, particularly banking, is expected to lead AI spending, while business and personal services, along with transportation and leisure, will be the fastest-growing sectors.
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