Business leaders in Arizona are optimistic about the state’s role in the artificial intelligence (AI) revolution. The Arizona AI Venture Network recently hosted a networking event to showcase various AI businesses in the region. Bill Swartz, the founder of the network, highlighted the potential of AI, describing it as computers that can think and reason like humans.
One notable business at the event was Revobots, which is developing robots that can learn from humans and perform tasks in less controlled environments. The founder, Kent Gilson, believes these robots can help fill job vacancies that are currently difficult to fill. Other applications of AI showcased at the event include using AI to detect chronic diseases and using AI models to customize educational experiences for children.
The World Economic Forum projects that AI will significantly contribute to the U.S. GDP growth in the coming years. Swartz aims to establish a consortium in Arizona focused on AI and robotics to position the state as a global leader in AI technology. Events like these could help Arizona become a hub for AI innovation and economic growth.
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