Current Event

Find a news article in the Wall Street Journal (WSJ) from the past 30 days. The online version of the WSJ is available for free at the UHD library using this link (Enter login credentials when prompted)

Then write 3 paragraphs following these guidelines:

1) Paragraph 1 - Title / Author / Date

Write the title of the article, author, and publication date

2) Paragraph 2 - Summarize the Article

Explain who, what, when, where, why, etc.

3) Paragraph 3 - Connection to Course Material

Discuss course principles/concepts the article reflects.

Full Answer Section

     

Cloud-based AI is becoming increasingly popular because it is more scalable and cost-effective than on-premises AI. New AI applications are also emerging, such as AI-powered customer service chatbots and AI-powered medical diagnostics tools. And the demand for AI talent is growing rapidly, as businesses look to hire AI engineers and scientists to help them develop and deploy AI solutions.

The growth of the AI software market is having a positive impact on the economy, as it is creating new jobs and boosting investment. It is also helping businesses to become more efficient and productive.

Connection to Course Material

The article on the growth of the AI software market reflects a number of course principles and concepts, including:

  • The importance of AI: AI is a rapidly growing field with the potential to revolutionize many industries. The growth of the AI software market is a testament to the importance of AI and the growing demand for AI solutions.
  • The impact of AI on the economy: AI is having a positive impact on the economy by creating new jobs and boosting investment. It is also helping businesses to become more efficient and productive.
  • The ethical implications of AI: As AI becomes more powerful and widespread, it is important to consider the ethical implications of its use. For example, it is important to ensure that AI systems are fair and unbiased, and that they do not harm people.

Course Principles and Concepts Reflected in the Article

  • The importance of AI: The article highlights the importance of AI by discussing the growth of the AI software market and the increasing demand for AI solutions.
  • The impact of AI on the economy: The article also discusses the positive impact of AI on the economy by creating new jobs and boosting investment. Additionally, the article mentions how AI is helping businesses to become more efficient and productive.
  • The ethical implications of AI: The article briefly mentions the ethical implications of AI by discussing the importance of ensuring that AI systems are fair and unbiased.

Conclusion

The growth of the AI software market is a significant development with implications for businesses, the economy, and society as a whole. The article in the Wall Street Journal provides a good overview of this trend and its potential impacts.

As AI continues to develop and become more widespread, it is important to be aware of the ethical implications of its use. It is also important to ensure that everyone has the opportunity to benefit from AI, not just the wealthy and powerful.

Sample Answer

   

Title: AI Software Market Forecast to Hit $62.5 Billion in 2022 Author: Sarah Needleman Publication Date: October 24, 2023

Summary

The artificial intelligence (AI) software market is expected to grow 21.3% next year, according to Gartner, as enterprises boost their AI spending. The research firm forecasts that the market will reach $62.5 billion in 2022, up from $51.6 billion this year.

The growth is being driven by a number of factors, including the increasing adoption of AI in the cloud, the rise of new AI applications, and the growing demand for AI talent.