Some research institute or financial publication of repute will claim that AI technology (not computers generally, just AI) will have “added X Trillion Dollars” to the US or world economy, where X is at least 0.5% of US GDP or GWP, respectively. Whether this is actually true might be controversial, but someone will have made the claim.
This seems like an extremely weak prediction. Institutions, even fairly reputable ones, make fantastic claims like that all the time.
For example, I found one article written in 2019 that says, “By one estimate, AI contributed a whopping $2 trillion to global GDP last year.” It cites the PricewaterhouseCoopers, which according to Wikipedia is “the second-largest professional services network in the world and is considered one of the Big Four accounting firms, along with Deloitte, EY and KPMG.”
Since GWP was about 86.1 trillion USD in 2018, according to the World Bank, this means that PwC thinks that artificial intelligence is already contributing more than 2% of our gross world product, four times more than you expected would be claimed by 2026!
This seems like an extremely weak prediction. Institutions, even fairly reputable ones, make fantastic claims like that all the time.
For example, I found one article written in 2019 that says, “By one estimate, AI contributed a whopping $2 trillion to global GDP last year.” It cites the PricewaterhouseCoopers, which according to Wikipedia is “the second-largest professional services network in the world and is considered one of the Big Four accounting firms, along with Deloitte, EY and KPMG.”
Since GWP was about 86.1 trillion USD in 2018, according to the World Bank, this means that PwC thinks that artificial intelligence is already contributing more than 2% of our gross world product, four times more than you expected would be claimed by 2026!