At its current pace, the unrelenting development of artificial intelligence could add trillions of dollars to the global economy or wipe out the human race by the end of this decade.
Strategists from the Bank of America noted that artificial intelligence could revolutionize the tech sector forever.
“We are at a defining moment – like the internet in the ’90s – where artificial intelligence is moving towards mass adoption, with large language models like ChatGPT finally enabling us to fully capitalize on the data revolution,” wrote the bank in a note to clients in March.
Some experts noted that AI might be able to do anything from generate entire films in a day to teach lessons and accurately diagnose medical problems, care for the elderly and achieve humanlike intelligence.
PwC, one of the world’s largest accounting firms, predicted that the expansion of AI in the market would also be driven by the development of a niche industry for more enhanced and personalized AI-boosted products, which will trigger a consumer-driven boom. It predicted that, by 2030, as much as 45 percent of total economic gains around the world “will come from product enhancements, stimulating consumer demand.” This is because AI could “drive greater product variety, with increased personalization, attractiveness and affordability over time.”
Ultimately, AI’s ability to expand and interact with other industries could end up boosting the global economy by an additional $15.7 trillion by 2030, according to the Bank of America. This represents more than the combined value of India and China’s economies. By 2026, the global AI market – software, hardware and services – could reach $900 billion.
Maybe AI can replace Congress & White House Idiots !!!!! 2 term Limits
Wipe out the human races about does it. Wont have to worry about trannies anymore. Or trillion dollars in debt.
Wipe out the Democrat Party !!!
Robot assassins on the Loose !!! Nobody goes to jail