Progress in technology 2021

Humanity has made phenomenal progress thanks to technology. There are more researchers and developers today than ever before. With their passion for technology, they toil to create solutions for the challenges we will face in the future.

 

The market for AI is growing rapidly

The predicted average annual growth rate of the global market for artificial intelligence is 46.2 per cent. By 2025, the market volume is estimated to be USD 390.9 billion.

(Source: Research and Markets)

AI’s performance increses

In a year and a half, the time required to train a large image-classification system on cloud infrastructure has fallen from about three hours in October 2017 to about 88 seconds in July 2019. During the same period, the cost of training such a system has fallen similarly.

(Source: Stanford University, “The AI Index 2019 Annual Report”)

Masses of semiconductors

2018 – the year in which more than 1 trillion semiconductors were sold for the first time.

(Source: Semiconductor Industry Association, SIA)

The number of people without access to electricity is decreasing

In the year 2010 there were 1.2 billion people worldwide without access to electricity, however, the number dropped to 789 million in 2018. Because renewable energy solutions have played a crucial role in growing the number of people with access to electricity. In 2018, more than 136 million people had a basic off-grid supply of electricity from renewable energy.

(Source: International Renewable Energy Agency, IRENA)

Jobs in renewables

42 million jobs in 2050: Jobs in renewables will reach 42 million globally by 2050, four times their current level, through the increased focus of investment on renewables. Energy-efficiency measures would create 21 million additional jobs, and system flexibility another 15 million.

(Source: International Renewable Energy Agency, IRENA)

Research is ongoing

Over USD 1.8 trillion: Investment in research and development in the ten leading countries in 2019.

(Source: Statista)

Internet users wordwide

Today 4.1 billion people use the Internet. That amounts to 53.6 per cent of the world’s population. In 2005, this figure still stood at per cent.

(Source: International Telecommunication Union)

People’s health continues to improve

Life expectancy at birth increased worldwide from 46 years in 1950 to 67 years in 2010 and, most recently, to 73.2 years in 2020.

(Sources: The Millennium Project, UN)