Information session on Berkeley Executive Education’s Artificial Intelligence program

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In 2022, the global artificial intelligence (AI) market was valued at US$136.55 billion. As per Bloomberg, generative AI is anticipated to become a US$1.3 trillion market by 2032. A recent survey by New Vantage Partners found that 91.7 percent of top organizations are investing in AI activities, and 54 percent of organizations using AI reported cost savings and efficiencies in a study by IBM. With advancements in machine learning, automation, and natural language processing, AI is revolutionizing traditional business models in unprecedented ways and is poised to drive a new wave of innovation and evolution across industries. AI offers a vast array of capabilities with virtually limitless potential, including automating repetitive tasks, providing predictive insights, enabling personalized customer experiences, optimizing supply chain management, and improving risk assessment. As AI continues to transform every aspect of modern business, organizations that embrace it will be empowered to unlock new opportunities, achieve operational efficiencies, and drive sustainable growth, gaining a competitive advantage.

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