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Widespread adoption of AI-powered tools could drive a 7%, or $7 trillion, uplift to global GDP and raise productivity growth by 1.5 percentage points over a 10-year period, according to ...
Combine this with existing estimates of how much of a productivity gain businesses can get from the use of generative AI tools, which is on average about 14%, and you come up with a TFP boost of ...
"I think the market’s scrambling to try and understand how AI is going to impact the world.” ... “AI should increase the productivity of knowledge workers more than 4-fold by 2030. At 100% ...
Competition for data will increase; while use cases become more complex: With generative AI and agentic applications on the rise, the competition for data will heat up, driven by synthetic data ...
Industrial artificial intelligence, or industrial AI, usually refers to the application of artificial intelligence to industry and business. Unlike general artificial intelligence which is a frontier research discipline to build computerized systems that perform tasks requiring human intelligence, industrial AI is more concerned with the application of such technologies to address industrial ...
Artificial intelligence (AI), in its broadest sense, is intelligence exhibited by machines, particularly computer systems.It is a field of research in computer science that develops and studies methods and software that enable machines to perceive their environment and use learning and intelligence to take actions that maximize their chances of achieving defined goals. [1]