Goldman: Artificial Intelligence Will Boost Global GDP by 7%

Artificial intelligence has taken a big leap lately, and is widely expected to change the world, in particular its economy. How much will that be? A Goldman Sachs study has an answer: an increase of 7% in world GDP. With current global gross domestic product of slightly more than $100 trillion, that would mean a $7 trillion increase over the next 10 years, by the investment firm's estimates. Along the way, labor productivity growth would expand 1.5% yearly, per the report by Goldman economists Joseph Briggs and Devesh Kodnani.