A summary of key takeaways from a recent Accenture and Frontier Economics report How AI Boosts Industry Profits and Innovation. Some of the study’s findings include:
- AI will increase economic growth by an average of 1.7% across 16 industries by 2035 with Information and Communication, manufacturing and financial services leading all industries
- AI technologies could increase labor productivity 40% or more, doubling economic growth in 12 developed nations.
- AI impact on economic output for professional services second only to manufacturing.
See Forbes article.