AI PRE­DICTED TO ADD US$5.8 TRIL­LION TO GLOBAL ECON­OMY

AT LEAST WE’LL ALL BE RICH BE­FORE THEY TURN ON US.

TechLife Australia - - DISCOVER -

Global man­age­ment con­sul­tancy firm McKin­sey and Com­pany have re­leased a re­port that es­ti­mates that AI will con­trib­ute be­tween US$3.5 tril­lion and US$5.8 tril­lion dol­lars to the global econ­omy an­nu­ally, at some point. While the McKin­sey Global In­sti­tute re­port didn’t de­velop a time­line for AI up­take, it did pre­dict a 12% in­crease in an­nual rev­enues from AI’s in­flu­ence on sales growth across 19 in­dus­tries in over 400 use cases.

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