Posted 1/10/2024, 8:56:00 PM
AI Boom Could Boost Economy by $1 Trillion, But Also Disrupt Over 90% of Jobs
- Generative AI could add $1 trillion to U.S. economy over next 10 years, but may disrupt 90% of jobs
- Study by Cognizant and Oxford Economics modeled AI's impact on 18,000 tasks driving U.S. economy
- AI could boost U.S. productivity by 1.7-3.5% and add $477B-$1T annually over next decade
- 52% of current U.S. jobs may face significant changes, 9% at risk of displacement
- 1% of workforce may struggle to find new employment, based on previous economic shifts