Is AI the Next Frontier for National Competitive Advantage?

Artificial intelligence (AI) presents limitless opportunity, but not without potential pitfalls and risks. This paradox has become increasingly evident for government leaders. They want to give domestic companies an edge over the competition, but are also expected to protect their citizens and use AI for social good. They want to support innovation, while still maintaining some level of control over how new technologies impact society at large. With a huge payoff on the line -- by our own estimates, AI has the potential to increase worldwide GDP by 14 percent by 2030, an infusion of US$15.7 trillion into the global economy -- it should come as no surprise that governments are eager to claim their share.