IDC Predicts AI Solutions & Services will Generate Global Impact of $22.3 Trillion by 2030
Generative AI is already transforming how organizations work, and the economic impact is accelerating. According to IDC, AI solutions and services are projected to generate a staggering $22.3 trillion in global impact by 2030. The article, "IDC Forecasts Global AI Spend to Reach $500 Billion by 2027, Driven by Generative AI Solutions and Services", outlines how demand is rising across industries, with innovation and strategy taking center stage. Read the article to understand the projected growth. Contact ITontology to explore how our AI experts can help you benefit from that growth.
What is the projected economic impact of AI by 2030?
According to IDC, investments in AI solutions and services are projected to generate a cumulative global impact of $22.3 trillion by 2030, which represents approximately 3.7% of the global Gross Domestic Product (GDP).
How does AI investment affect the economy?
Every new dollar spent on AI solutions and services is expected to generate an additional $4.9 in the global economy, highlighting the significant productivity and business acceleration effects of AI investments.
What initiatives are being taken to enhance AI infrastructure?
Large-scale investments in AI infrastructure are currently underway, including projects like the Stargate initiative in the U.S., the EU InvestAI initiative, and France's AI compute projects, all designed to foster innovation and competitiveness in the AI sector.
IDC Predicts AI Solutions & Services will Generate Global Impact of $22.3 Trillion by 2030
published by ITontology
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