Artificial Intelligence will Boost Irish Economy

The consulting giant recommends that the effect on jobs in the long term will at least be neutral, if not net positive, but this depends on employersIDA Ireland putting Ireland at the forefront of the AI revolution by investing in skills and technology.

The analysis in the PwC report The Economic Impact of Artificial Intelligence on Ireland’s Economy shows that the potential for AI to impact the Irish economy is slightly lower than the global average (13.8pc by 2030 and $15.7trn) but slightly higher than in other northern European (9.9pc by 2030 and $1.8trn) and southern European (11.5pc by 2030 and $0.7trn) economies.

The global average is boosted by regions such as China and developed Asia, where productivity typically lags and there is a lot to be gained from AI.

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2017-12-05T12:25:35+00:00December 5th, 2017|Categories: Business, Computing|Tags: |