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AI to drive GDP gains of $15.7 trillion with productivity, personalisation improvements
Global GDP will be 14% higher in 2030 as a result of AI – the equivalent of an additional $15.7 trillion. This makes it the biggest commercial opportunity in today's fast changing economy according to new research by PwC. Drawing on a detailed analysis of the business impact of AI Sizing the prize outlines the economies that are set to gain the most from AI. AI will contribute $15.7 trillion to the global economy in 2030, more than the current output of China and India combined. Labour productivity improvements are expected to account for over half of all economic gains from AI over the period 2016-2030. Increased consumer demand resulting from AI-enabled product enhancements will account for the rest.