The economic benefits of AI-generated productivity in Asia
The potential of Generative AI to unlock creativity, accelerate discoveries, and increase efficiency could add trillions of dollars to Asian economies.
Generative AI has the potential to transform social and economic life.
As a technology which is democratized, i.e. one that does not exist only in faraway labs or in the tech community of Silicon Valley for example, generative AI lowers participation barriers. Anyone can become a creator in the age of generative artificial intelligence. This also involves a radical shift in the workforce, as it changes the production processes within the economy, and therefore, the tasks undertaken and…
Source:
https://www.technologyreview.com/2023/07/05/1075792/turbo-charging-productivity-in-asia-the-economic-benefits-of-generative-ai/