Live Updates > Live Update Details
2026-05-23 12:09:40
[Bank of America Optimistically Predicts AI Will Boost Global Growth by About 1 Percent Annually Over the Next Decade] ⑴ In a report, Bank of America stated that artificial intelligence has already improved productivity in very specific, well-defined tasks, but these improvements have not yet spread across the entire economy on a large scale. Currently, economists point out that overall economic productivity is growing by only about 0.1% annually, a small overall impact compared to all the excitement surrounding the technology. ⑵ However, in the long term, Bank of America believes that the impact of artificial intelligence on overall productivity could be 10 times higher than currently seen. In an optimistic scenario, AI-driven productivity gains could boost growth by about 1 percentage point annually over the next decade, raising the global growth rate to 4.5%.
