Artificial Intelligence Will Bring $15 Trillion to the World Economy

Bank of America, in the statement it sent to its customers, emphasized the contribution it will make to the world economy by referring to artificial intelligence.

In just the last year, many artificial intelligences, especially Midjourney, DALL-E 2 and ChatGPT started to appear in our lives. Moreover, these services began to be used in many tasks performed by humans today.

While the development of artificial intelligence now reminds the accelerated version of technological development in the last 10 years, today the banking giant from Bank of America An important announcement has come. The bank believes that the artificial intelligence industry has its own “iPhone momentHe stated that he was about to live.

Artificial intelligence will be the new technological revolution:

Sending a statement to their customers, bank strategists shared that artificial intelligence can reshape our lives. strategists, Why do they expect such a transformation? He justified it in four articles:

  • Democratizing data
  • Unexpected mass adaptation
  • Technological progress at “teleport speed”
  • Extremely high number of potential commercial uses

But that wasn’t the only important prediction: AI could contribute trillions of dollars to the world economy.

Bank of America also shared an estimate for the possible contribution of the artificial intelligence revolution to the world economy. According to the bank, artificial intelligence will contribute to the world economy by 2030. $15.7 trillion will contribute. The global artificial intelligence market is expected by 2026. 900 billion dollars will have reached.

The first industries to reap the benefits of AI:

The bank also shared the sectors where artificial intelligence will contribute the most in the first place. Accordingly, technology, especially in the early stages, covering processors, graphics cards and data centers. technological equipmentcovering areas such as cloud and analytics software And cyber sectors will affect. But the biggest impact in the cyber world will be in terms of phishing used by malicious people…

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Source :
https://markets.businessinsider.com/news/stocks/artificial-intelligence-ai-chatgpt-iphone-moment-bank-america-bofa-markets-2023-3


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