Gear Up for AI Revolution

IDEAS Connect | Issue 17, October 2023

Home > IDEAS Connect > Gear Up for AI Revolution

Open AI’s ChatGPT was launched publicly at the end of 2022. Since then, Artificial Intelligence (AI) and related topics have become more prevalent in the quarterly earnings calls of various companies. Who is talking about AI and what are they saying? What’s next in the AI discussion?

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Generative AI, such as ChatGPT, needs significant computational resources to process immense data input. Cloud computing plays a crucial role in enabling Generative AI capabilities. Many AI-related/enabled industries could be key beneficiaries of this new ecosystem.

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Breathtaking computing performance and the dramatic decline in storage costs paved the way for AI. The possible applications of AI extend across a variety of industries and sectors. This paper sheds light on the process of digitalisation and the key investment considerations.

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