Artificial Intelligence, AI, will change most business areas in Germany
The German Federal Ministry of Labour and Social Affairs expects that by 2035 there will no jobs any more, where AI is not relevant. The estimates of PwC suggest, that AI could contribute up to 15.7 trillion US dollars to the global economy by 2030.
For several years now, Germany has been an international leader in terms of registering AI patents. The term “Industry 4.0” came up at the Hannover Trade Fair in Germany in 2011 and described the innovative use of digital technologies. Now the concept is recognised around the world for the development of so-called “smart factories” where the monitoring and measuring of the manufacturing processes are digitalized.
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