Artificial intelligence (AI) could add $13 trillion to worldwide economic output by 2030, equivalent to about 1.2 per cent of additional GDP growth a year, according to a new report. The study by McKinsey Global Institute has predicted that about 70% of companies would implement some form of AI by the end of the next decade, with frontrunners set to reap a large financial benefit.
Early adopters of the technology could double their cashflow, with laggards suffering a 20 per cent decline.
Overall, AI could deliver $13 trillion in additional global economic activity by 2030, putting its contributions to growth on […]
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