Will the AI-led ‘intelligent age’ change the way we live and work?

The article discusses the potential economic impact of AI and generative AI in particular.

It states that AI could contribute up to $15.7 trillion to the global economy by 2030, with $6.6 trillion from increased productivity and $9.1 trillion from benefits to consumers.

The generative AI market is expected to grow rapidly at a CAGR of 37.6% from 2025 to 2030.

Generative AI has been applied to various sectors, speeding up tasks.

However, AI also poses risks such as labor market disruption, intellectual property theft, misinformation, and national security concerns.

The article emphasizes the importance of responsible development of AI.

It also discusses how geopolitical factors and conflicts are influencing how businesses operate globally, and the role of governments in creating a regulatory environment that supports economic competitiveness.

Overall, the article highlights the transformative potential of AI and other emerging technologies, as well as the challenges that need to be addressed.