on August 21, 2017 at 12:24 pm <\/p>\n
For the people most immersed in the tech sector, its hard to think of a more controversial topic than the ultimate impact of artificial intelligence (AI) on society. <\/p>\n
By eventually empowering machines with a level of superintelligence, there are many different possible outcomes ranging from Kurzweils technological singularity to the more dire predictions popularized by Elon Musk. <\/p>\n
Despite this wide gap in potential outcomes, most technologists do agree on one thing: AI will have a profound impact on the society and the way we do business. <\/p>\n
Todays infographic comes from the Extraordinary Future 2017, a new conference in Vancouver, BC that focuses on emerging technologies such as AI, autonomous vehicles, fintech, and blockchain tech. <\/p>\n
In the below infographic, we look recent projections from PwC and Accenture regarding AIs economic impact, as well as the industries and countries that will be the most profoundly affected. <\/p>\n<\/p>\n
According to PwCs most recent report on the topic, the impact of artificial intelligence (AI) will be transformative. <\/p>\n
By 2030, AI is expected to provide a $15.7 trillion boost to GDP worldwide the equivalent of adding 13 new Australias to the global economy. <\/p>\n
Where will AIs impact be most pronounced? <\/p>\n
According to PwC, China will be the region receiving the most economic benefit ($7.0 trillion) from AI being integrated into various industries: <\/p>\n
Further, the global growth from AI can be divided into two major areas, according to PwC: labor productivity improvements ($6.6 trillion) and increased consumer demand ($9.1 trillion). <\/p>\n
But how will AI impact industries on an individual level? <\/p>\n
For that, we turn to Accentures recent report, which breaks down a similar projection of $14 trillion of gross value added (GVA) by 2035, with estimates for AIs impact on specific industries. <\/p>\n
Manufacturing will see nearly $4 trillion in growth from AI alone and many other industries will undergo significant changes as well. <\/p>\n
To learn more about other tech that will have a big impact on our future, see a Timeline of Future Technology. <\/p>\n<\/p>\n
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Jeff Desjardins is a founder and editor of Visual Capitalist, a media website that creates and curates visual content on investing and business. <\/p>\n
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Infographic: Visualizing the Massive $15.7 Trillion Impact of AI - Visual Capitalist (blog)<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" on August 21, 2017 at 12:24 pm For the people most immersed in the tech sector, its hard to think of a more controversial topic than the ultimate impact of artificial intelligence (AI) on society. By eventually empowering machines with a level of superintelligence, there are many different possible outcomes ranging from Kurzweils technological singularity to the more dire predictions popularized by Elon Musk. Continue reading