Artificial Intelligence will double annual economic growth rates by 2035 #ai #business

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AI: Economic Boom But Jobs Bust

A news release from Accenture has some very good things to say about the rise of Artificial Intelligence (AI). By pairing man and machine together, Accenture Research predicts that annual economic growth rates will double by 2035.

“Artificial intelligence heralds dramatic potential for growth for both the economy and for humans,” said Mark Purdy, managing director – Economic Research, Accenture Institute for High Performance. “Our research strongly shows that AI can unleash remarkable benefits across countries, countering slow economic growth and lagging productivity. To fulfill the promise of AI, relevant stakeholders must be thoroughly prepared – intellectually, technologically, politically, ethically and socially – to address the benefits and challenges that can arise as artificial intelligence becomes more integrated in our daily lives.”

Accenture states that this man / machine pairing will give people more time to focus on the creative side of business which includes innovation.

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