Question

Consulting firm Accenture predicts that by 2035 artificial intelligence will have which economic effect?

Economic growth will fall by half.
Economic growth will double.
Economic growth will increase by 2 or 3 percent.
Economic growth will stay roughly the same.

Answer 1

According to Accenture, artificial intelligence will increase economic growth by 2 or 3 percent by 2035. However, it may also disrupt the labor market and lead to job losses.

Step-by-step explanation:

According to a prediction by consulting firm Accenture, by 2035, artificial intelligence will lead to an increase in economic growth by 2 or 3 percent.

This prediction aligns with a report by Goldman Sachs, which suggests that AI has the potential to boost the overall global GDP by as much as 7% within the next ten years.

However, it is important to note that while AI may lead to economic growth, it could also disrupt the labor market and put jobs at risk or eliminate them.

Learn more about Economic effect of artificial intelligence here: