The global AI market is projected to hit $4.8 trillion by 2033, according to a new UNCTAD report. AI is now leading all frontier technologies and growing much faster than areas like blockchain, IoT, EVs, and solar.

Current trend:

AI growth is being driven mainly by big tech companies and a few major economies . This is creating a gap, where smaller countries and firms are falling behind.

What this means next:

More capital and talent will flow into AI .

Governments may push for new AI rules and global governance .

Investors will likely focus on AI infrastructure, data, and chips .

Other tech sectors may grow slower compared to AI

Bottom line:

AI is becoming the core technology of the next decade. The next move will be about who controls it and who gets access to it.

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