Artificial intelligence could contribute $16 trillion to global GDP by 2030 -- Sott.net

Sputnik / Evgenya Novozhenina The contribution of artificial intelligence (AI) to the global GDP will increase 16-fold in the next 12 years, according to the head of Russia's largest bank Sberbank Herman Gref. "Expansion of artificial Intelligence in the coming years is likely to only grow. According to forecasts of a number of companies, if today AI contributes $1 trillion to global GDP, then according to forecasts of consulting companies, this figure will increase 16-fold over the next 12 years, until 2030," he said. The number of specialists in demand in the area will also increase significantly, he added, explaining that in 10 years the need will reach ten million people. A recent study by McKinsey Global Institute suggested that AI could boost annual GDP growth by 1.2 percent for at least the next decade.