The rise of AI is mirroring the Industrial Revolution in more ways than one

The rise of AI is mirroring the Industrial Revolution in more ways than one

The maxim “the future is here, it’s just not equally distributed” could soon hold new meaning after a recent study found AI is set to significantly contribute to GDP – but only for those countries that can implement it early.

The research, conducted by the McKinsey Institute , aimed to forecast the global impact of AI. Researchers analysed current trends in AI development and deployment around the world and predicted the technology has the potential to contribute an additional $13 trillion to the global economy by 2030. This translates to a 16 per cent increase on today’s cumulative […]

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