Bank of America Predicts AI Will Lift Global Productivity Growth by 1% Annually Within Decade

According to Bank of America's latest report released on May 23, artificial intelligence is expected to drive significant long-term productivity gains. While current economy-wide productivity growth stands at only 0.1% annually, the bank estimates that in an optimistic scenario, AI-driven productivity improvements could add approximately 1 percentage point to annual growth over the next decade, potentially raising global growth rates to 4.5%.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments