Global GDP could be up to 14% higher in 2030 as a result of AI – the equivalent of an additional $15.7 trillion, making it the biggest commercial opportunity in today’s fast-changing economy.
The greatest gains from AI are likely to be in China (a boost of up to 26% GDP in 2030) followed by North America (a potential 14% boost).
The biggest sectoral gains will be in retail, financial services, and healthcare as AI increases productivity, product quality, and consumption.
What impact will AI have on my organization, and is our business model threatened by AI disruption? And as these leaders look to capitalize on AI opportunities, they’re asking: Where should we target investment, and what kind of capabilities would enable us to perform better? Cutting across all these considerations is how to build AI in the responsible and transparent way needed to maintain the confidence of customers and wider stakeholders.
The report can be found at this URL: https://www.pwc.com/gx/en/issues/analytics/assets/pwc-ai-analysis-sizing-the-prize-report.pdf
Image credit: PwC report