R "Ray" Wang

Enter AI And The Real Fourth Industrial Revolution

Running out of ideas to inspire, a false fourth industrial revolution was coined by the World Economic Forum. The move to digitization and digital transformation was a necessary half-step to the move towards AI.  While some will now profess that the Fifth Industrial revolution is AI, AI is more exponential than the internet or the fake fourth industrial revolution.  The dawn of the fourth industrial revolution begins with AI. This Cognitive Era will be with us for decades to come.  Constellation Research has seen a projected CAGR of 19.8% in global AI IT spending from $151 billion to $490.6 billion by 2030.