ai and the future of growth - infographic
TRANSCRIPT
Accenture analysis across 12 countries, that together generate more than 50 percent of the world’s economic output, shows that AI can open up opportunities to create new value, reinforcing the role of people to drive growth in business.
40%INCREASE IN LABOR PRODUCTIVITY BY 2035
AI CAN DOUBLE GROWTH RATES
AI HELPS PEOPLE BE MORE PRODUCTIVE
A comparison of baseline annual gross value added growth (%) in 2035 to a scenario where AI has been absorbed.
Number of years for the economy to double in size (a full circle represents 100 years)
AI establishes a new relationship between people and machines, creating new factors of productivity and growth
AI SOLVES KEY BUSINESS CHALLENGES
AI CAN DOUBLE ECONOMIES’ SIZE
What is AI?AI involves multiple technologies that can be combined in di�erent ways to sense, comprehend, act and learn.
Slow growthSince the 1980s, GDP growth has slowed in many large economies.
Weak productivityTotal factor productivity has weakened in the past 10 years.
Falling capital e�iciencyThe marginal capital e�iciency rate has dropped over 50 years.
Intelligent automationCreates growth beyond traditional automation solutions
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Source: Accenture analysis
www.accenture.com/futureofAI
Labor and capital augmentationMakes more e�icient use of the workforce and capital assets
Innovation di�usionUses AI to stimulate new ideas
Aging workforceAs populations age and birth rates slow, fewer people are available.
Three AI accelerators unleash new levels of human creativity
FUELING INNOVATION
0.8
1.7
1.41.6
1.7
2.52.1
4.64.1
2.6
3.2 3.0 3.0 2.9 2.7 2.7 2.5
1.0
3.93.6
1.6 1.7 1.8
1.4
BASELINE
SPAIN ITALYBELGIUMJAPANAUSTRIAGERMANYNETHERLANDSSWEDENUNITEDKINGDOM
FINLANDUNITED STATES
FRANCE
AI STEADY STATE
Baseline AI steady state
GermanyUnited States
France Japan Italy
United Kingdom