Artificial Intelligence in finance (Infographic)
EXPONENTIAL INCREASE IN VENTURE CAPITAL INVESTMENT IN AI SINCE 2012, FROM $3 BILLION TO $81.1 BILLION IN 2020.
The mobility and health sectors accounted for 40.1% of the investment in 2020.
The US is the world’s largest investor, although Chinas average amount per investment is higher.
In Spain, the proportion of workers equipped with AI skills is 0.9 times the OECD average.
THE FINANCIAL AND INSURANCE INDUSTRY HAS BEEN QUICK TO ADOPT THE AI TO INCREASE EFFICIENCY AND REDUCE RISK.
By 2020, AI-related publications increased more than five-fold compared to 2000.
Venture capital investment in AI since 2015 grew by 180% in the US, 25% in China, and declined in the EU.
In the US, workers with AI skills are twice the OECD average, only behind India.
Finance executives focus AI use on idea generation and portfolio construction.
56% of investment funds use AI, mostly in investments < $50 million (69%).
