AI – similar to electricity – is a General Purpose Technology with applications in all corners of the economy and all areas of society. In this presentation, I will describe some major technology trends in AI: Generative AI, beyond being a powerful consumer tool (such as ChatGPT) is also a powerful developer tool that is enabling new applications in many industries, such as finance, logistics, education, and healthcare. Low code development platforms, including ones built on generative AI, are enabling more AI applications to be built not just in the tech sector, but in the “long tail” of AI applications. Technology developed and proven out in text processing is also making its way to other types of data, including especially image data.