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AI-intensive sectors are showing a surge in workers' productivity: PwC, ET Telecom

Productivity in professional and financial services and in information technology grew by 4.3% between 2018 and 2022 compared with gains of 0.9% across construction, manufacturing and retail, food and transport, PwC said. ....

City Of , United Kingdom , Carol Stubbings , International Monetary Fund Kristalina Georgieva , Tax Legal Services , Organisation For Economic , Pwc Global Markets , Legal Services , Economic Co Operation ,

AI-intensive sectors are showing a productivity surge, PwC says

The types of business which are most likely to use artificial intelligence are seeing growth in workers' productivity that is almost five times faster than elsewhere, raising hopes for a boost to the broader economy, accountancy firm PwC said. Productivity in professional and financial services and in information technology grew by 4.3% between 2018 and 2022 compared with gains of 0.9% across construction, manufacturing and retail, food and transport, PwC said. The data suggested that the rise of artificial intelligence could help countries to break out of a rut of low productivity growth which would boost economic growth, wages and living standards, PwC said in a report published on Tuesday. ....

City Of , United Kingdom , David Milliken , William Schomberg , Carol Stubbings , Organisation For Economic , Tax Legal Services , International Monetary Fund Kristalina Georgieva , Pwc Global Markets , Legal Services , Economic Co Operation ,

AI-Intensive Sectors Are Showing a Productivity Surge, PwC Says

AI-Intensive Sectors Are Showing a Productivity Surge, PwC Says
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United Kingdom , City Of , William Schomberg , David Milliken , Carol Stubbings , International Monetary Fund Kristalina Georgieva , Tax Legal Services , Organisation For Economic , Artificial Intelligence , Pwc Global Markets , Legal Services , Economic Co Operation ,

AI-intensive Sectors are Showing Productivity Surge, PwC says

The types of business which are most likely to use artificial intelligence are seeing growth in workers' productivity that is almost five times faster than elsewhere, raising hopes for a boost to the broader economy, accountancy firm PwC said. Productivity in professional and financial services and in information technology grew by 4.3% between 2018 and 2022 compared with gains of 0.9% across construction, manufacturing and retail, food and transport, PwC said. ....

United Kingdom , Carol Stubbings , Tax Legal Services , International Monetary Fund Kristalina Georgieva , Organization For Economic , Pwc Global Markets , Legal Services , Economic Co Operation ,

PwC Report Shows AI-Driven Sectors Surging In Productivity, Signaling Economic Upswing

In a recent report by PwC, sectors heavily reliant on artificial intelligence are witnessing a significant surge in productivity, offering hope for a broader economic upturn. ....

Carol Stubbings , Geoffrey Hinton , Tax Legal Services , Pwc Global Markets , Legal Services , Benzinga Neuro , Benzinga Ecosystem ,