True, but the cost of constructing tailored systems is still high, starting to see automated systems by industry that will change the way we work. Part of this is driven by more sensors, and thus more data in many contexts. Another part by faster machines and techniques adapted to these changes.
Thoughts by Tom Davenport and others. Nontechnical and somewhat simplistic:
How artificial intelligence is growing up Posted by Ben Rossi
In an increasingly connected world, artificial intelligence has seen exponential growth ... "
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