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Industry Landscape
The computing industry is undergoing rapid transformation, driven by advancements in AI, machine learning, and cloud computing. There's a strong emphasis on ethical considerations, diversity, and continuous learning. Professional societies like ACM play a crucial role in disseminating cutting-edge research, fostering professional development, and shaping policy, adapting to open access trends and expanding educational outreach. The demand for skilled computing professionals remains high globally.
Total Assets Under Management (AUM)
Number of Computer and Information Technology Occupations in United States
~5.0 million (2022)
(15% CAGR)
- Projected growth from 2022 to 2032.
- Much faster than the average for all occupations.
- Adds about 377,500 new jobs per year on average.
Total Addressable Market
2.1 trillion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Generative AI
Generative AI, including large language models, will revolutionize research methodologies, content creation, and personalized learning experiences in computing.
Quantum Computing
Quantum computing advancements will open new frontiers for research, requiring specialized education and publishing, potentially disrupting current cryptographic and computational paradigms.
Ethical AI & Explainable AI
Focus on ethical AI and explainable AI will become paramount, influencing research directions, policy discussions, and the development of responsible computing practices.
Impactful Policy Frameworks
Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence (October 30, 2023)
This U.S. Executive Order establishes new standards for AI safety and security, protects privacy, promotes innovation and competition, and ensures responsible AI deployment.
It will likely drive increased research into AI safety and ethics, influencing ACM's conference topics, publication focus, and educational offerings for its members.
NIST AI Risk Management Framework (AI RMF 1.0) (January 26, 2023)
Developed by the National Institute of Standards and Technology (NIST), this framework provides voluntary guidance to better manage risks to individuals, organizations, and society associated with artificial intelligence.
This framework will inform best practices and standards discussed within ACM's professional development programs and contribute to its public policy advocacy on AI.
CREATE AI Act (Proposed, 2023)
The Congressional Research and Development to Advance Education and Training in AI (CREATE AI) Act proposes the establishment of a National AI Research Resource to provide AI researchers and students with access to high-performance computing, large datasets, and other resources.
If passed, this act would directly benefit ACM's academic and student members by providing enhanced research infrastructure and potentially shaping future computing curricula.
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