profitability explosion
Report: A.I. Will Re-Start the Profitability Explosion
Over the past few decades, technology has dramatically increased the productivity of the average worker, and through them, the profitability of the average large business. It's a trend that has payed enormous dividends for those companies that have been able to adapt, but in the past couple of years the trend seems to have slowed, and corporate profits have stagnated. Industry researchers from Accenture Research and Frontier Economics recently forecasted a dramatic return to growth in corporate productivity and profit. Called How A.I. Boosts Industry Profits and Innovation, their report foresees a number of improvements to profitability, thanks to A.I. moving into the workplace. The most dramatic predictions of the bunch have to do with overall growth in the economy.
- Research Report > New Finding (0.40)
- Research Report > Experimental Study (0.40)