Artificial Intelligence could impact global GDP by USD 15.7 trillion by 2030
Artificial Intelligence (AI) will have huge impact on global economy by 2030, according to PwC’s report Sizing the prize, a recent analyze of the economic impact of AI. The report shows that global GDP could be up to 14% higher in 2030 as a result of AI. This is the equivalent of an additional $15.7 trillion – making it the biggest commercial opportunity in today’s fast changing economy. Of this, $6.6 trillion is likely to come from increased productivity and $9.1 trillion from consumption side effects. This growth will be driven by three factors: productivity gains from businesses automating ...