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Global spending on artificial intelligence is poised for explosive growth over the next five years, according to a new forecast from International Data Corporation (IDC). The report highlights a major expansion in the AI market, projecting a significant surge in investment in AI technologies through 2029. The initial discussion around this forecast originated in the r/artificial subreddit: https://old.reddit.com/r/artificial/comments/1ncgzxa/idc_makes_ebullient_ai_spending_forecast_out_to/