Deep Learning could be one of the most crucial software breakthroughs of our time. Time has changed. Previously humans were required and the only ones capable of writing or programming software, but not anymore with Deep Learning, an artificial intelligence prototype, uses data to write or code software. There are predictions with enough evidence that Deep Learning could amplify each industry by automating software creation. With research in this particular subject, ARK predicts Deep Learning would add $30 trillion in the next 15-20 years to the global equity market capitalization.

 

Deep Learning is Creating 'The Next Generation of computing platforms

 

Conventional Computers:

With Artificial Intelligence growth and usages, smart speakers answered 100 billion voice commands in 2020, 75% more than in 2019.

 

Self- Driving Cars:

Many companies that are using Deep Learning have seen outrageous improvement in their departments. Waymo's autonomous vehicles collected more than 20 million actual world driving miles across 25 cities.

 

Consumer Apps:

TikTok, for example, has outgrown Snapchat and Pinterest with its Deep Learning for video recommendations.

 

Deep Learning Could Create More Economic Value Than The Internet Did.

As mentioned above, the research conducted by Ark invests predicted that deep learning would add $30 trillion to equity capitalization in the next 15-20 years. Compared with the Internet, the Internet has added $13 trillion to the equity market capitalization globally in over two decades.

 

 

Creating a Boom in AI chips

 

AI training cost is rapidly growing from $1 to $100 million per project, and specialized processors like GPUs and TPUs will account for most incremental growth.

ARK estimates that data center spending on AI processors will increase by four-fold in the next five years, from $5 billion a year to $22 billion in 2025.

 

Download and Read the full research HERE