Lionel Sujay Vailshery
Research expert covering cloud computing and emerging tech industries
Artificial intelligence (AI) in productivity and labor - statistics & facts
The artificial intelligence (AI) market is diverse and expansive, and the potential applications of this new technology will have colossal effects on the world’s labor force and productivity. The size of the AI market is considerable, expected to grow beyond 244 billion U.S. dollars in 2025 with a growth factor of approximately 70 billion U.S. dollars a year. This feat is not easily replicated in other markets and serves as an indication of technology’s influence on industries, markets, and the workforce. Indeed, automation is constant, but it is estimated that with AI, automation will grow considerably from 2025 to 2027.
