The AI Boom is Yet to Come – What Does it Mean for the Global Economy?

Artificial intelligence (AI) is poised to revolutionise the global economy, with predictions that it could add a staggering $15.7 trillion by 2030.

AI-powered products equipped with cutting-edge technology are expected to dominate future markets, ushering in what many experts are calling a golden age for both AI and Bitcoin.

A recent report by accounting firm PwC predicts that AI will boost the global economy, adding $15.7 trillion by 2030.

Industry representatives such as Michael Saylor and Anthony Pomplano highlight the potential of AI to generate enormous wealth, with Pomplano specifically predicting significant growth in US GDP thanks to AI-enhanced productivity.

In an interview with CNBC, Pompliano described artificial intelligence as a “strong tailwind” for the next decade, predicting incredible progress with its help. As AI integrates into various sectors, its impact on productivity and economic growth is expected to be profound, and Bitcoin is seen as a key asset for preserving the wealth generated.

Major tech companies are leading the way in AI innovation. Nvidia, known for its AI chips, has gained serious popularity, surpassing even Microsoft and Apple thanks to advanced technology. Simultaneously, Amazon is preparing to unveil “Metis“, a new chatbot powered by its own AI model – Olympus. This initiative will allow Amazon to compete with ChatGPT by offering unique answers in real time.

Alexander Stefanov