abugarcia4600c3| PricewaterhouseCoopers survey: Industries that "embrace AI" are showing a surge in productivity

Financial Union, May 21 (Editor Zhou Ziyi) The latest report from PricewaterhouseCoopers, one of the world's top four major accounting firms, shows that some of the companies most likely to integrate artificial intelligence technology into their businesses have productivity growth rates that are almost as fast as other industries. Five times faster, which is expected to boost the overall economy.

A report released on Tuesday (May 21) said productivity growth in industries such as financial services and information technology between 2018 and 2022abugarcia4600c3for 4abugarcia4600c3.3%, while productivity in construction, manufacturing, retail, food and transportation increased by only 0.3%.abugarcia4600c3.9%。

This shows that the rise of artificial intelligence can help countries break the bottleneck of low productivity growth, which will boost economic growth, wages, and living standards.

In addition, the report also showed that jobs requiring artificial intelligence skills-including AI expert and non-AI professional positions-have average wage premiums of 25% in the United States and 14% in the United Kingdom, respectively.

The PricewaterhouseCoopers report tracked and analyzed more than 500 million job ads from 15 rich countries and used data from the Organization for Economic Co-operation and Development (OECD).

Carol Stubbings, global director of marketing and tax and legal services at PricewaterhouseCoopers, said that those industries where productivity has improved significantly have placed more emphasis on the importance of artificial intelligence skills in employee job advertisements, indicating that artificial intelligence plays a role in productivity improvement in these industries.

She also pointed out that as companies increasingly deploy some generative artificial intelligence that can be used by non-professionals, the productivity growth trend brought about by this technology may accelerate.

Last week, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), mentioned that artificial intelligence is hitting the global labor market "like a tsunami" and could affect 60% of jobs in developed economies in the next two years.

She pointed out,"Ifabugarcia4600c3If we manage it properly, artificial intelligence can indeed greatly improve productivity."

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