How To Make Money With Artificial Intelligence(AI)

Artificial Intelligence is a collection of advanced technologies that allows machines to sense, comprehend, act and learn.

It is set to transform business in ways we’ve not seen since the Industrial Revolution; fundamentally reinventing how businesses run, compete and thrive. When implemented holistically, these technologies help improve productivity and lower costs, unlocking more creative jobs and creating new growth opportunities.

UNLEASHING AI POWER

The steady decline in business profitability across multiple industries threatens to erode future investment, innovation and shareholder value. Fortunately, a new factor of production—artificial intelligence (AI)—is emerging that can help kick-start profitability.

Following an earlier Accenture Research study into the impact of AI on 12 developed economies, we assessed the effect of AI within 16 industries. Our research shows AI has the potential to boost rates of profitability by an average of 38 percentage points and could lead to an economic boost of US$14 trillion in additional gross value added (GVA) by 2035.