AI will create $13 trillion in value by 2030

Techno-News Blog. McKinsey’s latest forecast of AI’s impact on the global economy is that it will have generated $13 trillion in economic activity across the world by 2030, despite causing upheaval for many people. The company expects AI will add about 1.2 percent of additional GDP growth per year through to 2030, which is much higher than the steam engine’s boost to human productivity of 0.3 percent per year between 1850 and 1910, and twice the impact IT had in the 2000s. More...