Today, “weak” or basic forms of AI are able to perform specific tasks, but future generations of “strong” AI applications will be capable of solving difficult problems and executing complex transactions. AI is finding users in almost every industry – from chatbots that offer financial advice to helping doctors diagnose cancer.

Better weather prediction, financial transfers and oversight of industrial machinery also fall into the AI scope. According to Accenture, AI could double the annual economic growth rate in 12 developed economies by 2035.

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