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The other tech giant country in Asia , India , ranks fourth place with a $ 16,147 million investment in AI in the last five years . The country exceeds Germany , who ranks fifth by nearly 13 % ($ 1,847 million ).
The US is investing $ 12.90 per thousand $ GDP ( 1.29 %), followed by Estonia – investing $ 10.89 per thousand $ GDP ( 1.089 %). p
The country with the most significant growth in AI investment in the past five years is Sweden – an astonishing 2310 %.
When AI investment statistics are judged against the country ’ s GDP ( Gross Domestic Product ), Singapore comes out on top . Despite placing tenth in terms of the amount of money spent , their investment over the past 5 years is equivalent to 1.5 % of its current GDP ( in 2022 ). When compared to the US their rate of AI investment is outpacing the US by 16 % per thousand $ GDP .
This is followed closely by Sweden whose investment in AI is over 14 dollars per thousand $ GDP – equivalent to 1.4 %. They are also the only other nation investing more than the US in AI in relative wealth terms ( over 9 %).
AI : US business use
According to AIPRM stats , email spam filters are the most common use of AI across different industries .
In most cases , around three-quarters of US workers use this form of AI , ranging from 74.8 % in the transportation industry up to around four in five ( 81.1 %) from the world of finance and insurance .
Wearable fitness devices tend to be the next most popular form of AI across businesses . More than two in five ( 43.8 %) of those who work in real estate claim to wear this type of AI with the figure dropping more than 13 % for those in transport and warehousing ( 30.2 %).
AI stats from the survey also indicate that algorithmic recommendations through playlists is equally as common , yet with a smaller gap between the highest and lowest reported figures . Around two in five ( 42.1 %) of those working in the information industry use this form of AI , compared to more than a third ( 36.3 %) for those in administrative roles .
As of 2023 , the stats show around two in five businesses ( 40 %) already hire people to write for them , with around a third ( 30 %) of business owners expecting the use of AI to write website copy to benefit to their company .
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