Not just upheaval: AI could deliver $120b boost and more jobs
A new analysis by EY suggests that artificial intelligence could boost the Australian economy by up to $120 billion by the mid-2030s. The report indicates that AI will likely drive productivity gains and job creation, rather than simply replacing human workers.
Why it matters
This highlights the potential for AI to reverse stagnant productivity growth and reshape national labor markets.
Save You have reached your maximum number of saved items.
Remove items from your saved list to add more.
Share A A A Artificial intelligence could deliver the national economy a desperately needed productivity boost worth almost $120 billion and support the creation of tens of thousands of jobs, a nation-leading analysis has found.
Compiled by consultancy EY, the modelling of AI’s impact on the ability of workers to boost output suggests the technology will increase the size of the economy by between 2.6 per cent and 3.2 per cent by the middle of the next decade.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in