Research

How Artificial Intelligence Will Add +14% to Global GDP and Transform the Economic Landscape by 2030?

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Artificial Intelligence (AI) is already bringing profound changes to the global economy, but what lies ahead in the next 5 to 10 years could be a true economic game-changer.

According to PwC, AI could boost global GDP by as much as 14% by 2030 — which means an additional $15.7 trillion added to the world economy. That’s roughly 1.4% of extra annual GDP growth — not just impressive, but transformational.

Significant Productivity Growth (+40% More Output)

The main driver of this growth is a significant increase in productivity. AI automates tasks that previously required human labor, such as data analysis and customer communication. Companies adopting AI tools can expect output to rise by 30 to 40%, while cutting costs by 20%. Faster product development, more efficient inventory management, and optimized logistics are becoming the new norm.

New Industries, New Jobs (+10% New Roles)

AI is reshaping existing sectors and creating entirely new industries. It’s estimated that by 2030, as much as 10% of jobs will be in occupations that do not yet exist today. AI model development, data infrastructure, cybersecurity, and ethical oversight of AI systems are just some of the areas where new jobs will flourish.

Impact on Developed and Emerging Markets (Asia +26%, Europe +9%)

AI will impact global GDP unevenly. Asia could see GDP growth of up to 26%, while Europe might achieve a 9% increase thanks to artificial intelligence. Developed economies with stronger digital infrastructure and more capital to invest are likely to reap the biggest rewards. However, emerging markets have the opportunity to leapfrog development stages by adopting AI in fields such as agriculture and healthcare.

Risks and Challenges (Up to 30% of Jobs at Risk of Automation)

However, with economic growth come challenges. It’s estimated that up to 30% of current jobs could be automated by the end of the decade. Automation could deepen inequalities if not accompanied by active education and retraining policies. Additionally, the dominance of large tech companies could further concentrate wealth.

Moreover, there is a real possibility of job losses in certain sectors such as administration, logistics, and manufacturing. However, at the same time, AI will create new jobs in areas like data management, system maintenance, AI development, and digital ethics. The key will be adaptation: societies and individuals who successfully retrain and shift toward these new roles will be the ones to benefit in the AI-driven economy of the future.

In the next 5 to 10 years, artificial intelligence will become an accelerator of global GDP. Countries and companies that prepare for this transformation can expect significant gains. True success will come when technological progress is directed in a way that benefits the largest possible number of people and fosters inclusive growth.

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