Silicon Republic May 29, 2024
A report commissioned by Google suggests Ireland’s economy could grow by up to €45bn in the next decade thanks to generative AI, but certain roles could be heavily displaced by this technology.
A new report highlights the ‘double-edged sword’ of AI, as it suggests Ireland’s economy could be boosted significantly over the next decade by this technology – but it could also displace roughly 160,000 jobs.
The report – carried out by Implement Consulting Group and commissioned by Google – suggests that generative AI alone could boost Ireland’s gross domestic product (GDP) by between €40bn and €45bn in roughly 10 years. That is when the report estimates generative AI will bring a “peak economic contribution”.
This report suggests the economic...
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