AI's Effect On Productivity Now And In The Future

Artificial intelligence is one of the hottest topics in the business world, and speculations about its potential effects abound. Professional services giant PwC claims AI could add nearly $16 trillion to the world economy by 2030. The consultancy group McKinsey predicts $13 trillion in the same time frame. Quibble over a few trillion dollars if you'd like, but the fact remains that AI is going to be an important technological advancement that businesses will need to incorporate to stay competitive. The investment into AI technology is enormous.