API Economy Set to Skyrocket to $14.2 Trillion: The Rise of AI Integration and Regulation Challenges

December 22, 2023
API Economy Set to Skyrocket to $14.2 Trillion: The Rise of AI Integration and Regulation Challenges
  • The API economy is predicted to be worth $14.2 trillion by 2027.

  • Regulations from organizations like IEEE and W3C provide standards for APIs.

  • Security and data privacy for APIs are covered by ISO27001 and GDPR.

  • AI integration has complicated regulation and changed the risk landscape.

  • Generative AI and large language models allow AI companies to use APIs to bring their products to the public.

  • Code creation and co-creation with AI have become standard in software development and API deployment.

  • Companies like Superface and Blobr are using AI for API integration through natural language.

  • Generative AI can create in limitless ways, potentially beyond current human control.

Summary based on 0 sources


Get a daily email with more Tech stories

More Stories