PWC Report: The Global GDP could increase by another 15 percentage points by 2035 due to the artificial intelligence that remodels the economy

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By TP

Artificial intelligence (AI) has the potential to increase the global economy by up to 15 percentage points in the next decade, which would actually add over a percentage point to the annual growth rate, equal to the economic growth that the world has enjoyed with the industrialization of the 19th century, shows the latest «Value» in the Motion. «Artificial intelligence has the potential to generate an economic change in the magnitude of a new industrial revolution. But the real value will not only come from technological innovation, but from the way we build confidence, we collaborate between industries and use with responsibility. In a global context marked by economic pressures, uncertainty, conflicts and climate challenges, to support our organizations The new opportunities and to be sustainable in the long term. PWC Romania. According to the report, which includes a series of scenarios based on official data, the earnings generated by the global economy are not guaranteed and depend on both the success of implementation at the technical level, as well as the policies responsible for application, a clear governance and public and organizational confidence. In other scenarios analyzed by PWC, characterized by less confidence and cooperation, the economic growth generated by artificial intelligence would be more modest, 8%, or, in a pessimistic scenario, only 1% by 2035. The study shows that the economy is already going through an accelerated transformation process. The pressure on companies to reinvent has reached some of the highest levels in the last 25 years, in 17 of the 22 global economic sectors. Only in 2025, about $ 7.1 trillion in revenues will be transferred between companies, before the recent increase in worldwide tariffs. The PWC report suggests that, in the next decade, the industries will reconfigure to meet new needs, leading to the formation of new «fields» that exceed traditional sectoral borders. For example, increasing the number of electric vehicles brings together electricity providers, battery manufacturers, technology companies and others in the field of mobility, allowing them to create value with car manufacturers. PWC estimates that the impact you have on energy consumption and emissions would be neutral if each additional percentage of use AI would lead to innovations that reduce energy intensity by only 0.1%. The economic modeling of the PWC suggests that climatic risks could have a negative impact on the global economy, causing a decrease by almost 7% by 2035 compared to a scenario in which these risks would not exist.
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