Insights

Green AI: For a More Sustainable, Efficient, and Equitable Artificial Intelligence

Artificial Intelligence (AI) represents an advanced frontier in computing, capable of simulating human cognitive abilities. Beyond simple automation, AI acts as a sophisticated assistant, able to interpret and interact with the reality around us. But how is it really transforming our world? What challenges and opportunities lie ahead, particularly concerning ethical and sustainability implications? Fiven has sought to answer these questions in a comprehensive booklet that explores the evolution, implementation, and impact of AI across various contexts.

Some figures: according to a report by Markets and Markets, the global AI market exceeded $25 billion in revenue in 2023 and is expected to triple within six years, reaching over $70 billion with an annual growth rate of 23%.

Forrester's State of AI Report 2023, on the other hand, predicts that by 2025 almost 100% of businesses will implement some form of AI in various areas of business. Among the main factors driving AI adoption, IBM highlights the growing accessibility of technology, the need to reduce costs, automate core processes, and optimize standard off-the-shelf business applications (Global AI Adoption Index 2023).

Thus, AI facilitates innovation, allowing companies to experiment with and test new products at unprecedented speed. This results in significant savings in time and resources, accelerating time-to-market and increasing competitiveness. Additionally, AI enables predictive analysis that can anticipate a product's success before its actual launch, significantly improving marketing and production strategies and thus business competitiveness.

All this does not exclude discussions and debates on the sustainability and ethical impact of this technology, crucial themes of our time that the innovation sector, like all others, must face. Data integrity, privacy, and fairness are just some of the critical aspects in the debate on the responsible use of AI. Sustainability and the development of an ethical approach to AI are fundamental to addressing the social and environmental risks associated with the technology, including the energy and water consumption of the large servers used by cloud platforms.

Fiven's proposed solutions for a "greener" AI and hybrid approaches that contrast with the more traditional generative AI suggest a feasible path to reducing energy impact and achieving responsible integration, emphasizing the importance of continuous research and development in this essential field.

Want to know more?

Discover how AI is transforming our world and what strategies to adopt for more responsible and sustainable use. Request the full booklet by emailing us at fiven@fiven.eu.

Explore the latest trends, economic benefits, and ethical challenges related to AI, and prepare your company to face the future with cutting-edge technology!

Artificial Intelligence (AI) represents an advanced frontier in computing, capable of simulating human cognitive abilities. Beyond simple automation, AI acts as a sophisticated assistant, able to interpret and interact with the reality around us. But how is it really transforming our world? What challenges and opportunities lie ahead, particularly concerning ethical and sustainability implications? Fiven has sought to answer these questions in a comprehensive booklet that explores the evolution, implementation, and impact of AI across various contexts.

Some figures: according to a report by Markets and Markets, the global AI market exceeded $25 billion in revenue in 2023 and is expected to triple within six years, reaching over $70 billion with an annual growth rate of 23%.

Forrester's State of AI Report 2023, on the other hand, predicts that by 2025 almost 100% of businesses will implement some form of AI in various areas of business. Among the main factors driving AI adoption, IBM highlights the growing accessibility of technology, the need to reduce costs, automate core processes, and optimize standard off-the-shelf business applications (Global AI Adoption Index 2023).

Thus, AI facilitates innovation, allowing companies to experiment with and test new products at unprecedented speed. This results in significant savings in time and resources, accelerating time-to-market and increasing competitiveness. Additionally, AI enables predictive analysis that can anticipate a product's success before its actual launch, significantly improving marketing and production strategies and thus business competitiveness.

All this does not exclude discussions and debates on the sustainability and ethical impact of this technology, crucial themes of our time that the innovation sector, like all others, must face. Data integrity, privacy, and fairness are just some of the critical aspects in the debate on the responsible use of AI. Sustainability and the development of an ethical approach to AI are fundamental to addressing the social and environmental risks associated with the technology, including the energy and water consumption of the large servers used by cloud platforms.

Fiven's proposed solutions for a "greener" AI and hybrid approaches that contrast with the more traditional generative AI suggest a feasible path to reducing energy impact and achieving responsible integration, emphasizing the importance of continuous research and development in this essential field.

Want to know more?

Discover how AI is transforming our world and what strategies to adopt for more responsible and sustainable use. Request the full booklet by emailing us at fiven@fiven.eu.

Explore the latest trends, economic benefits, and ethical challenges related to AI, and prepare your company to face the future with cutting-edge technology!

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