Computerworld September 17, 2024
Lucas Mearian

Business are expected to spend hundreds of billions of dollars adopting AI and rolling out new products through 2030, while also creating efficiencies that will eliminate some jobs.

Business spending to adopt and use AI in existing operations, and to deliver better products and services, is expected to drive 3.5% of global GDP by 2030, adding $19.9 trillion to the world economy, according to a new report from research firm IDC.

AI spending by businesses alone is expected to reach $632 billion by 2028, IDC had estimated in an earlier study.

As a result, AI will affect jobs across every region of the world, affecting industries from contact center operations to translation, accounting, and machinery inspection, according to IDC. Helping...

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Topics: AI (Artificial Intelligence), Survey / Study, Technology, Trends
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