AI to boost world economy by over 15 trillion dollars in seven years - The Jerusalem Post

By better capitalizing on data, artificial intelligence (AI) could boost the world economy by up to $15.7 trillion by 2030, according to a report released for the first time in Israel by Bank of America. The report, "Thematic Investing," written and prepared by Israeli Haim Israel - Bank of America's head of Global Thematic Investing Research - was first sent to banking stakeholders last month. This week, Israel provided a copy of the report to The Jerusalem Post. According to Israel's predictions, the global AI market - software, hardware and services - could reach $900 billion by the end of 2026. Although AI has existed for around 70 years, according to Israel, the world is only now about to experience the AI revolution.