Study claims AI will spur growth on par with the steam engine
A study predicts AI will spur growth similar to groundbreaking technologies such as the steam engine, for at least the next decade. The simulation run by the McKinsey Global Institute shows artificial intelligence has the possibility to add 1.2 percent to annual gross domestic product growth until at least 2030. For perspective, that represents $13 trillion of additional global economic activity. Such growth is equivalent to other landmark developments such as that of the steam engine. AI is...