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AI Must Create $4.2 Trillion in New Revenue by 2031, Bain Says

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AI Must Create $4.2 Trillion in New Revenue by 2031, Bain Says

The artificial intelligence (AI) industry needs $6 trillion in yearly revenue by 2031, according to Bain & Company. Existing AI products may bring in up to $1.8 trillion of that, leaving a $4.2 trillion gap. The figures come from Bain’s 7th annual Global Technology Report, released on Tuesday. The firm frames the $6 trillion as The post AI Must Create $4.2 Trillion in New Revenue by 2031, Bain Says appeared first on BeInCrypto.

Key Takeaways

  1. The artificial intelligence (AI) industry needs $6 trillion in yearly revenue by 2031, according to Bain & Company.
  2. Existing AI products may bring in up to $1.8 trillion of that, leaving a $4.2 trillion gap.
  3. The figures come from Bain’s 7th annual Global Technology Report, released on Tuesday.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.