The World Economic Forum predicted that the use of artificial intelligence will add nearly $16 trillion to the global economy by 2030, making it one of the most important factors affecting the future of the economy. Both China and the United States are expected to benefit greatly from this technological boom, as they are estimated to account for nearly 70 percent of the global impact of artificial intelligence.
Studies have shown that banking, high technology, and biosciences will be among the sectors that benefit most from this technology. In the banking sector, for example, generative AI could provide additional value of $200 billion to $340 billion annually. In the retail and canned consumer goods sector, the impact could be between $400 billion and $660 billion annually.
Source (Al-Sharq Al-Awsat Newspaper, Edited)
