Portugal: AI offers unique opportunity to boost production – McKinsey

Portugal has a “unique opportunity” to make a “leap in productivity” and close the gap with the EU and US averages by 2030 using the rapid adoption of automation and artificial intelligence (AI), a McKinsey study released on Monday concluded.

“The adoption of this technology could be a great opportunity for Portugal,” said Duarte Begonha, a partner at McKinsey & Company.

Portugal “has shown productivity levels in its contribution to GDP [Gross Domestic Product] below those of the EU [European Union] and US averages since 2010 (0.6% vs 1.3% EU vs 2.1% US)”, says the study “Future of Work: Automation with […]

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