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During the first six months of 2019, healthcare companies globally raised $26.9 billion, compared to $26.5 billion during the same time period in 2018. AI-focused companies in the space also saw a new funding high during the second quarter of the year, as investors zero in on the technology’s emerging presence.
While there is much discussion of how artificial intelligence will continue to transform industries and organizations, a key driver of AI’s role in the global economy will be cities. How cities deal with coming changes will determine which ones will thrive in the future.
“It’s super easy to make a business case for reducing head count. You can always light up a boardroom” by promising to replace people with robots, says David Autor, an MIT economist and co-chair of the task force, who gave an interview about the report.