Tech News Summary:
- AI chosen as the word of the year for 2023 by Collins Dictionary, reflecting the growing impact of technology on society.
- AI market projected to grow nearly 800 percent to around $1.8 trillion, with the launch of ChatGPT in November 2022 leading to increased online searches for AI.
- Other words influenced by technology and digital culture also considered, reflecting how language evolves based on societal trends and developments in science and technology.
AI Takes the Spotlight: Collins Dictionary Word of the Year 2023
Artificial Intelligence (AI) has been officially crowned as the Collins Dictionary Word of the Year for 2023, reflecting the increasing prominence of the technology in our daily lives.
The decision was made following the consideration of a range of factors, including the frequency of the term’s usage and its impact on society. With the rapid advancements in AI technology and its integration into various industries and aspects of life, it comes as no surprise that it has claimed the top spot.
AI has been at the forefront of innovation in fields such as healthcare, finance, transportation, and more. From virtual assistants and chatbots to self-driving cars and predictive analytics, AI has become an integral part of modern society.
According to Helen Newstead, Head of Language Content at Collins Learning, “AI has become a defining feature of our world, impacting everything from how we work and communicate to how we make decisions and understand the world around us. Its increasing influence is evidenced by its widespread use and the discussions surrounding its ethical and societal implications.”
The recognition of AI as the Word of the Year serves as a reflection of the growing significance of the technology and its potential to revolutionize the way we live and work. As AI continues to shape the future, it is likely to remain a prominent topic of discussion and development for years to come.