Artificial intelligence (AI) and machine learning (ML) are opening up new ways for enterprises to solve complex problems. But they will also have a profound effect on the underlying infrastructure and processes of IT. According to Gartner, "only 4% of CIOs worldwide report that they have AI projects in production." That number will grow dramatically over the next few years.
Wednesday-12 September, Gartner released its latest cloud forecast predicting that the market will grow 17.3 percent in 2019. The fastest-growing segment -- cloud system infrastructure services, or infrastructure as a service (IaaS) -- is forecasted to grow 27.6 percent in 2019.
For hundreds of years, banks have paid us interest in return for holding our money and extracting profits from it. In the process, they became the richest institutions in the world.
Now companies like Google and Facebook have become the world's richest institutions -- by extracting profits from our data rather than our money. But, this time we are getting zero interest in return.