Those impacts include: Increased spending on AI solutions and services driven by accelerated AI adoption; Economic stimulus among AI adopters, seeing benefits in terms of increased production and new revenue streams; And an increase in revenue across the AI providers supply chain including services providers.
In 2024, AI entered a phase of accelerated development and deployment defined by widespread integration that's led to a surge in enterprise investments aimed at significantly optimizing operational costs and timelines, said Lapo Fioretti, an IDC senior research analyst.
By automating routine tasks and unlocking new efficiencies, AI will have profound economic consequences, reshaping industries, creating new markets, and altering the competitive landscape.
By 2030, every new dollar spent on business-related AI solutions and services will generate $4.60 in the global economy in terms of indirect and induced effects.
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