Overview

-Can artificial intelligence impact global economy growth? Artificial intelligence (AI) is a term first defined in 1956 year. It is a branch of computer science that aims to create intelligent machines that work and react like humans. In contrast today, 60 years later, (AI) is characterized by a number of applications, including computers playing games against humans and understanding human languages, virtual personal assistants, and robotics which involve computers seeing, hearing and reacting to sensory stimuli. In the future, technologists predict for (AI) technology ranging from (AI) being used as a tool to aid relatively simple processes for robots with human like mental capabilities, who expect (AI) technology can emulate human performance by learning, coming to mind its own conclusions, understanding complex content, engaging in dialog with people, enhancing human cognitive performance or replacing humans in executing both routine and non-routine tasks. In existing industry, (AI) technology is used, such as targeted advertising and virtual used personal assistant as well as the (AI) technology that my exist in the future, such as robots with human vehicle processing capabilities.The range of (AI) technology's progress in the future will determine the economic impact future of (AI) technology on the global economy with more limited advances and applications ( i.e. weak (AI) only) corresponding to more limited economic impacts and more substantial progress, i.e. strong (AI) technology is corresponding to more significant economic impact. (AI) technology learning that automates analytical model, including predicting cause-and-effect relationship from biological data, identifying new drugs, self-driving cars and protecting against fraud etc. functions. Also (AI) learning can improve natural language processing that allows computers to continue to better analyze, understand and generate language to interface with human using the natural human language, virtual personal assistant, helps users by providing scheduling appointment, reminds organizing personal finance and finding providers of various services, machine vision allows (AI) machine man to identify object, scenes and activities in detect pedestrians and bicyclists.We expect the economic effects of (AI) technology to include both direct GDP growth from sectors that develop or manufacture (AI) technology and indirect GDP growth through increased productivity in existing sectors that employ some from of (AI) technology. If (AI) producing sectors could grow, then it could lead to increase revenues and employment of (AI) technological professionals within these existing firms as well as the potential creation of entirely new economic activities to any countries' societies productivity improvement in existing sectors could be realized through faster and move efficient processes and decision making as well as increased (AI) technological knowledge and access to information available in societies easily. In the future, if (AI) technology is an increasingly critical component of more products, it will become an integral part of necessary products of many people's lives.

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