Significant development of artificial intelligence is expected in Russia this year. This forecast was given by industry experts. According to their estimates, the AI market may reach 1 trillion rubles. This is comparable to the income from wheat exports.
The main industries using AI are finance, media, and education. Experts believe that the state will focus on the use of AI in security and smart cities. Businesses will actively implement generative AI for automation and the development of new products.
The priorities for the use of artificial intelligence (AI) by the state will be focused on the defense complex, public services, and the fight against fraud, according to Ruslan Permyakov, Deputy Director of the Center of Competencies of the National Technology Initiative "Technologies of Trusted Interaction" based at TUSUR.
According to experts, key areas will also include agriculture, as well as the continuation and increase of investments in medicine and cybersecurity.
How Much Has Business Invested in AI Development
The Fintech Association has calculated that over the past ten years, leading companies in Russia have invested at least 650 billion rubles in artificial intelligence (AI). By mid-2023, 95% of organizations had already integrated AI technologies into their core processes.
Exact data on the size of the Russian AI market for 2024 is not yet available, but Fintekh believes that it may amount to about 780 billion rubles, taking into account growth of at least 30%. The Russian government expects the AI market to reach 1 trillion rubles by 2025.
Despite lagging behind world leaders, Russia has the potential to achieve pinpoint leadership in certain AI segments, which requires active international cooperation and internal development.
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