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Industry Landscape
The AI industry, particularly in Semantic AI, is experiencing rapid growth. Companies are seeking solutions to automate complex processes, reduce development cycles, and ensure data accuracy without hallucinations. The focus is on democratizing software creation, making it accessible to business experts, and integrating AI into existing enterprise systems.
Total Assets Under Management (AUM)
Artificial Intelligence Market Size in United States
~320.57 billion USD (2024)
(37.3% CAGR)
- Growing demand across various sectors.
- Significant investments in AI research and development.
- Adoption of AI in enterprise solutions.
Total Addressable Market
320.57 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Generative AI for Code Generation
Advancements in generative AI models can autonomously write and optimize code based on high-level instructions, potentially streamlining development even further.
Knowledge Graphs & Explainable AI (XAI)
Integration of sophisticated knowledge graphs with XAI can enhance the transparency and interpretability of AI-generated insights and software logic.
Federated Learning for Semantic Models
Federated learning can allow collaborative training of semantic models across different organizations without sharing raw data, addressing privacy concerns and enabling broader data utilization.
Impactful Policy Frameworks
AI Risk Management Framework (AI RMF 1.0) 2023
Developed by the National Institute of Standards and Technology (NIST), this framework provides voluntary guidance to better manage risks associated with AI, emphasizing trustworthy and responsible AI development and use.
This framework encourages Lexica Corp to demonstrate how their 'hallucination-free' and explainable semantic AI aligns with responsible AI principles, potentially becoming a competitive differentiator.
Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence (2023)
Issued by President Biden, this executive order directs federal agencies to establish new standards for AI safety and security, protect privacy, advance equity, and promote competition.
Lexica's emphasis on data accuracy, no hallucinations, and 'knowledge as the new source code' aligns well with the order's focus on trustworthy AI, potentially accelerating government and regulated industry adoption.
American Data Privacy and Protection Act (ADPPA) (Proposed, 2022-present)
A proposed comprehensive federal data privacy bill that would establish nationwide standards for how companies collect, use, and share personal data, potentially overriding state laws like CCPA.
While not yet enacted, its potential passage would necessitate Lexica ensuring its data handling and processing, especially in semantic model creation, adheres to stringent new privacy standards, impacting data strategy for clients.
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