AI Poised to Considerably Contribute Towards Global GDP: Productivity Gains of $15.7 Trillion
This article was written by Graham Ellinson, a Financial Analyst at I Know First.
AI Poised to Considerably Contribute Towards Global GDP: Productivity Gains of $15.7 Trillion
“We’ve never really unbundled decision making before—we usually think of human decision making as a single step. Now we’re unbundling decision making” - Ajay Agrawal professor of entrepreneurship and strategic management at the University of Toronto’s Rotman School of Management
Source: pixabay.com
Summary:
- Artificial Intelligence is a data focused tool where performance improves dramatically the more data it is fed.
- AI assists to multiple day-to-day decision making beyond simple automation of tasks.
- Artificial intelligence is expected to result in an increase of global GDP by 14% over the next decade.
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