In the engine room of the economy, artificial intelligence (AI) is being heralded as a driver of productivity and commercial growth. With an ability to process huge quantities of data quickly, the technology can increase efficiency, improve the decision-making process by introducing new insights and speed up delivery. AI changes the definition of “production” and promises to transform how we measure economic growth for countries across the world.
Research by Accenture shows that, by 2035, AI could double annual global economic growth rates by creating a new virtual workforce to boost productivity, enhancing the skills and ability of existing staff and driving innovations in the economy. Over time, companies using AI will not only do things differently, they will also do different things.
As AI becomes