Relationship between Innovation Concept of Sports Industry and Economic Development on the Basis of Edge Computing of Internet of Things under Artificial Intelligence

With the development of the Internet and the exponential increase in the number of customers in the sports industry, the traditional sports industry is no longer able to provide services to its customers in real time.By utilizing artificial intelligence (AI) as well as edge computing, the intelligence of Internet of Things (IoT) can be improved, which in the sports industry can handle the sports business of edge devices in time to ensure the timeliness of the sports industry, thus improving the sports industry's ability to process sports information.This paper has compared the traditional sports industry with the sports industry on the basis of edge computing of the IoT.The experimental results showed that between 2016 and 2020, the average economic development level of the conventional sports industry was 64.4%, while the average economic development level of edge computing of the IoT-based sports industry was 76.4%.Innovative ideas for the sports industry that use IoT to intelligently classify sports business data and process time-sensitive data in real time via edge computing of IoT can effectively improve economic development.