Sales Secrets

Morning Mantra: The State of Artificial Intelligence

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Synopsis

Wow, there is a lot of hype around AI? Am I right or am I wrong? I'm afraid I'm right. But, there is good reason for it. In 2016, there were 40 acquisitions of companies working to advance artificial intelligence1 and the AI market was worth $644 million2. In 2017, the market value of AI is expected to double and then grow exponentially until it reaches $38.6 billion less than ten years from now3. Inc. Magazine called 20174 the “year of AI” and most every major brand has begun fighting to enter the space. Consumer-driven companies like Google have led the charge with over 11 acquisitions in the AI category to date while business-driven companies like Salesforce, who joined the race late, have quickly begun catching up by acquiring two AI based companies in the last year[5]. AI is here to stay and it’s not just changing the market, it’s shaping the way we live and work. In this episode, Gabe Larsen, Director of InsideSales Labs discusses the InsideSales.com research report called the State of AI. The report ex