AI to be as Revolutionary as the Steam Engine, Study Shows
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A recent study by the McKinsey Global Institute says that artificial intelligence could push GDP growth up to 1.2% for the next decade.
The institute also predicts that by 2030, artificial intelligence would have boosted global economic activity by $13 trillion and at least one form of the technology adopted by 70% of companies.
McKinsey Global Institute senior fellow Jeongmin Seong added that AI will be critical in helping China achieve its target growth rate, impacting sales and marketing significantly which in turn would boost consumer spending.
Source: CNBC