Which sectors are the winners from the AI breakthrough
Discover how AI advancements will reshape global economies, boosting knowledge sectors while traditional industries face challenges in growth.
Knowledge-intensive service sectors are set to benefit significantly from advancements in AI technology. By 2040, global gross value added (GVA) is projected to rise by approximately 6% higher than our baseline forecast in this scenario, with sectors like information and communications technology (ICT) and financial services seeing GVA around 9% to 10% above baseline.
In contrast, the physical economy, including agriculture, extraction, and construction, is expected to see minimal growth—less than 1% in agriculture and only 3% in both extraction and construction. These sectors face challenges due to their reliance on manual, on-site work, limiting AI’s impact.
The report highlights that the 2030s will be pivotal, with substantial productivity gains anticipated as AI adoption becomes mainstream. Financial and business services are expected to lead this growth, while sectors like manufacturing and agriculture may lag behind, with less than half of their projected gains realised by 2035.
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