Technological progress in artificial intelligence systems has led to a significant increase in the implementation of AI in business, administration and organizations. This increasingly rapid integration of artificial intelligence into the economy is exciting and worrying, but it is certainly a new level of competition at the regional level.

Technological progress in artificial intelligence systems has led to increased adoption of AI in the business environmentPhoto: Shutterstock

According to data available in the AI ​​index report by Stanford University, in 2022 private investment in artificial intelligence was recorded in the amount of more than 85 billion dollars worldwide.

The three areas with the highest investment value are medicine, data management and the financial sector. In many areas, the US leads in terms of investment value.

The report shows that, for example, in 2022 private investment in artificial intelligence in drone technology in the United States ($1.6 billion) was 53 times that of China ($0.03 billion) and 40 times that of the European Union and Great Britain. Great Britain ($0.04 billion).

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