Report finds GenAI could add €148bn to annual GDP by 2038

Silicon Republic December 9, 2024
Ciarán Mather

The public sector stands to benefit the most, with generative artificial intelligence capable of enhancing 42pc of working hours in the Irish public sector, excluding healthcare.

A new report from professional services company Accenture published today (9 December) found that generative artificial intelligence (GenAI) could have huge benefits for Ireland.

The surveys by the business were conducted with 409 employees and 128 executives from both public and private sector organisations in Ireland between July and August 2024.

The samples covered 19 industries and included different demographic groups by geography, company size and socioeconomic background.

As per the report, GenAI has the potential to contribute up to €148bn to Ireland’s annual gross domestic product (GDP) by 2038, representing a 22pc increase...

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