The State of AI 2017: Inflection Point

 In Library, Reports

MMC Ventures Report

The State of AI 2017: Inflection Point

Published in October 2017

By Numis and MMC Ventures

Artificial Intelligence (AI) has been described as “the ultimate breakthrough technology” (Satya Nadella, Microsoft). Five of the world’s ten most valuable companies – Alphabet (Google), Amazon, Apple, Facebook and Microsoft – are repositioning to become AI-first organisations. While the last ten years have been about building a world that is mobile-first, “in the next ten years, we will shift to a world that is AI-first.” (Sundar Pichai, Google).

While hype around AI is at a peak, and some expectations may exceed results in the short term, we believe AI represents a paradigm shift in technology that warrants the attention it is receiving. In 2017 AI reached an inflection point, driven by milestones in investment, capability, entrepreneurship and adoption. The implications for consumers, companies and society will be profound.

Our inaugural State of AI report for 2017 is intended to inform and empower corporate executives, entrepreneurs and investors. While accessible and jargon- free, it draws on new data and over 400 discussions with ecosystem participants to go beyond the hype and explain the reality of AI today, what is to come and how to take advantage. Every chapter includes actionable recommendations for executives, entrepreneurs and investors.

Recent Posts

Leave a Comment

Contact Us

Please use this form to send us an e-mail directly