

(file photo)
A report by Price Waterhouse Coopers says that the greatest economic gains from AI are likely to be in China.
The report analyzes the business impact of AI, and says that AI could help the global economy grow by as much as 14 percent by 2030, the equivalent of an additional $15.7 trillion, as a result of productivity gains and increased consumer demand.
The report found that China stands to gain the most from AI, followed by North America, but that North America will experience the fastest gains as productivity in China catches up.
China is expected to pull ahead of the US in around 10 years, and AI will likely boost the country’s economy by 26 percent in 2030.
For other countries, the economic increases achieved by AI are proportional to their development levels.
The reported noted that the biggest sector gains will be in retail, financial services, and healthcare as AI increases productivity, product quality and consumption.
Fire brigade in Shanghai holds group wedding
Tourists enjoy ice sculptures in Datan Town, north China
Sunset scenery of Dayan Pagoda in Xi'an
Tourists have fun at scenic spot in Nanlong Town, NW China
Harbin attracts tourists by making best use of ice in winter
In pics: FIS Alpine Ski Women's World Cup Slalom
Black-necked cranes rest at reservoir in Lhunzhub County, Lhasa
China's FAST telescope will be available to foreign scientists in April
"She power" plays indispensable role in poverty alleviation
Top 10 world news events of People's Daily in 2020
Top 10 China news events of People's Daily in 2020
Top 10 media buzzwords of 2020
Year-ender:10 major tourism stories of 2020
No interference in Venezuelan issues
Biz prepares for trade spat
Broadcasting Continent
Australia wins Chinese CEOs as US loses