SiN #87 – $930,000,000,000
That, according to a report by Grand View Research, is the projected value of the AI market in 2028. Compared to a size of $62.35 Billion in 2020, it represents a Compounded Annual Growth Rate(CAGR) of 40.2% over 8 years.…
The Snippets Journal
By Shreesha
Shreesha S
Shreesha is a Qualified Certified Management Accountant(CMA) and Certified in Strategy and Competitive Analysis(CSCA).
SiN #86 – $26,200,000,000,000
That is the Market Capitalization(total value of all shares traded) of New York Stock Exchange(NYSE) in 2020 – the highest in the world. It is followed by NASDAQ at $19.2 Trillion. The stock Exchanges of India – Bombay Stock Exchange…
SiN #85 – $1,300,000
That is how much a parking lot in Hong Kong was sold for in the first week of June according to The Japan Times. The price(10.2 million Hong Kong dollars) beat the previous record of HK$7.6 million for a spot…
SiN #84 – 7 Minutes
That, according to the market research firm Nielson, is the average time that a viewer takes to decide what to watch. According to the same survey, just one third of the sample selected, bothered to check the menu.
SiN #83 – $643,000,000,000
That, according to an independent study commissioned by Apple, is the total amount of money that app developers in its App Store made during 2020, a 24% rise over 2019. That includes the sale of digital goods and services, for…
TS #46 – The Dire Need for Human Capital
With the growing demand for products and the economy as a whole growing exponentially these days post the pandemic slump, the need for human capital is also on the rise. Companies are courting employees by either incentivizing, keeping the bar…
SiN #82 – 1,750,000,000,000
That is the number of parameters the Natural Language Processing(NLP) AI model WuDao 2.0 developed by the Beijing Academy of AI. It is even higher than Google’s Switch Transformer, which has 1.6 trillion parameters, which it unveiled in January. More parameters…
SiN #81 – 278,491
That is the number of Indians working in the US under H-1B visas, the highest for any country. It is followed by China in the second position at just 50,609 and Canada at 4,615. H-1B visas allow specialized foreign workers…
SiN #80 – $17.5 Billion
That is the revenue generated through the sale of cannabis in the US in 2020, a 46% increase over sales in 2019. “For many Americans, stocking up on marijuana was as essential as stocking up on toilet paper. And the…
SiN #79 – 12 Million
That is the number of child births China had in 2020, down 18% compared to the previous year. India had 24.06 million births in the same period, down just 0.2% from 2019 level of 24.11 million births.
