In 1987, economist Robert Solow expressed his skepticism about the computer revolution’s impact on productivity. However, it is predicted that by 2023, artificial intelligence (AI) will become a significant factor in global production. The history of AI has been marked by disappointment, but the deep learning revolution has brought about real advancements. AI will empower ordinary people, enabling them to quickly and effortlessly create marketing materials or perform various tasks. The range of possibilities includes generating content in one’s own voice, creating photorealistic art and videos, and delegating bookkeeping to AI algorithms. Established organizations like DeepMind and OpenAI, as well as emerging startups, are contributing to the AI landscape. The potential of AI lies in freeing up human labor and making creativity and knowledge easily accessible, resulting in a wave of entrepreneurship. In 2023, entrepreneurs will have access to countless AI-powered “interns” that can support various tasks at minimal cost.
| Signal | Change | 10y horizon | Driving force |
|---|---|---|---|
| AI becoming a major factor of production in the global economy | From AI as a supplemental tool to AI as a major factor of production | AI becoming widely accessible and utilized in various industries | The deep learning revolution and advancements in AI technology |
| AI empowering ordinary people with superpowers | From limited AI capabilities to widespread access and utilization of AI superpowers | People having the ability to generate content, create art, answer scientific questions, and delegate tasks to AI algorithms | Advancements in AI technology and increased availability of AI tools |
| Rise of new AI startups with cutting-edge capabilities | From only large companies having access to cutting-edge AI tools to the rise of startups with impressive AI capabilities | Startups with limited budgets being able to access and utilize advanced AI tools | Advancements in AI technology and the demonstration of impressive results by startups |
| Unleashing a wave of entrepreneurship through AI superpowers | From limited scalability for startups to increased scalability and productivity through AI superpowers | A significant increase in entrepreneurship and the ability to scale production for startups | The freeing up of human labor and the reduced cost of creativity and knowledge through AI |
| Thousands of entrepreneurs utilizing AI interns in the cloud | From limited access to human resources to access to a million AI “interns” for various tasks | Entrepreneurs being able to utilize AI resources for various tasks and projects | Availability of AI resources in the cloud and advancements in AI technology |