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Spend On Generative AI Will Grow 36% Annually To 2030

Forrester IT

The technology’s wide applicability across industries and occupations will drive massive growth: According to Forrester’s new forecast, generative AI will have an average annual growth rate of 36% up to 2030, capturing 55% of the AI software market.

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Implications Of A Buyers’ Market For Enterprise Software, 2020–2030

Forrester IT

As global enterprise spending on software surpasses the $1 trillion mark in the coming decade, the growth rate of software spending will slow to 4% per annum from 7% historically. A buyers’ market for enterprise software will emerge.

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How GenAI Is Impacting The Social Tech Landscape

Forrester IT

Forrester’s Global AI Software Forecast, 2023-2030 supports this, as content marketing is the third largest category for specialized genAI software spend. Generative AI’s emergence triggered a landslide of interest and experimentation across sectors, including social media and content.

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The Next Decade Of Software Spending: A Paradox

Forrester IT

If software is “eating the world,” in the words of Marc Andreessen, the world also has a reciprocal appetite for software. From 2020 until 2030, Forrester estimates that global software spending by businesses will climb from $920 billion to north of $1.3

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Volvo says it will only sell electric cars by 2030

The Verge

Swedish automaker Volvo says it will only sell electric cars by 2030, phasing out all diesel, petrol, and hybrid options in an effort to reduce global carbon emissions. UK manufacturer Jaguar says it plans to be an all-electric brand by 2025 , while the century-old luxury automaker Bentley aims to hit that same goal by 2030.

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California Could Require Uber and Lyft to Go Electric by 2030

Gizmodo

The state’s clean air agency is poised to mandate that nearly all vehicles used by drivers working for ridesharing companies be electric by 2030. If you live in California, chances are you could be taking many more Uber and Lyft trips in electric vehicles in the coming years. Read more.

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John Carmack foresees a breakthrough in artificial general intelligence by 2030

TechSpot

Carmack, of course, is best known as the co-founder of id Software and lead programmer of Wolfenstein 3D, Doom, and Quake. He left Oculus in December last year to focus on Keen Technologies, his new AGI startup. Read Entire Article

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