The private sector is now driving a once-in-a-generation capital expenditure (capex) boom, primarily fuelled by the growing global demand for artificial intelligence (AI) technologies, according to a report by Deutsche Bank Research.
Generative AI, while gaining widespread attention, is not without its flaws. A recent report by Deutsche Bank Research highlighted that despite its strengths, the technology still struggles with certain tasks, particularly when it comes to mathematical calculations.
Artificial Intelligence as a technology in its current form is largely task-oriented and typically not capable of dealing with a situation where logic and reasoning are needed. But it is here to stay and it has of late become the talk of the town.