LONDON - The types of business which are most likely to use artificial intelligence are seeing growth in workers' productivity that is almost five times faster than elsewhere, raising hopes for a boost to the broader economy, accountancy firm PwC said.
The data suggested that the rise of artificial intelligence could help countries to break out of a rut of low productivity growth which would boost economic growth, wages and living standards, PwC said in a report published on Tuesday. The trend of productivity growth generated by the technology was likely to accelerate as companies increasingly deployed generative AI which can be used by non-AI specialists, she said.Last week the head of the International Monetary Fund Kristalina Georgieva said AI was hitting the global labour market"like a tsunami" and was likely to have an impact on 60% of jobs in advanced economies in the next two years.
It said jobs that require AI skills - including AI-specialist and non-specialist roles - carried a average premium of 25% in the U.S. and 14% in Britain.Scan QR code to install app
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