Posted 10/11/2023, 4:38:00 PM
AI's $15 Trillion Economic Boost by 2030 Will Disrupt and Boost Companies Globally
- AI could drive $15.7 trillion in economic impact by 2030 per Bank of America
- AI has already benefited companies like Nvidia, Microsoft, and Google
- BofA expects AI implementation to boost S&P margins by 250 basis points
- ChatGPT reached 100M users faster than platforms like TikTok and Instagram
- Next wave of AI seen as "immature" but will disrupt sectors in 5-10 years
- Companies will integrate AI tools over next 3-5 years for efficiencies and revenue
- Generative AI expected to impact every sector globally
