AI market sizing: $39bn in growth in less than 3 years?!

The market — defined as A.I.-related hardware, software and services — will surge from $8 billion this year to $47 billion by 2020, predicts IDC, a research firm.

Uh…

Also, some coverage of Watson business models, including customized cocktail drugs, which I hear is a scary big business in the horizon.

And, there’s some IBM AI spreadsheeting you can fiddle around with:

Market-share:

IBM may have a chance to join that group. By 2020, IDC predicts, 60 percent of the A.I. applications will run on the platform of four companies: Amazon, Google, Microsoft and IBM.

Revenue:

UBS estimates that Watson may generate $500 million in revenue this year and could grow rapidly in the years ahead, possibly hitting nearly $6 billion by 2020 and almost $17 billion by 2022.

Having lived through The Great Cloud Forecasting era around the turn of the decade, my advice is: take all this with care, but enjoy the razzle-dazzle!

Source: IBM Is Counting on Its Bet on Watson, and Paying Big Money for It

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