Artificial Intelligence Innovation in Economy Accenture

So far we've explored how AI can be applied to improve business outcomes and to increase strategic agility and growth, now let's examine a third feature. A recent Accenture Research report on AI notes a distinctive value of these technologies: Their role in helping propel innovation as companies apply AI and spread it into the economy. In a recent interview, Accenture Chief Technology & Innovation Officer Paul Daugherty described how the research study looked at different countries' "national absorptive capacity," or how well a country is prepared to absorb and spread innovation. Said Daugherty, "The kinds of things you need to look at are--what's the structure of their economy, what kinds of industry do they have, what's their capacity of research and development, what kind of ecosystems do they have around innovation…you look at the underlying economic data, dig a little deeper and say...how can AI technology change productivity and how will that drive underlying economic improvements." Using this approach, we found, for example, that Japan is expected to benefit dramatically from AI in part because of its capacity for innovation.