Artificial intelligence: a driver of efficiency in the economy, according to PwC research

The Impact of Artificial Intelligence on Labor Productivity

The study conducted by the auditing company PricewaterhouseCoopers (PwC) indicates a significant increase in labor productivity in industries where artificial intelligence is used. During the period from 2018 to 2022, professional, financial services, and IT sectors experienced an average increase in labor productivity of 4.3%, exceeding the figures in construction, industry, retail trade, public catering, and transport by 4.8 times (growth by 0.9%).

According to the research, there are on average seven vacancies for each job requiring machine learning skills, indicating a high demand for such specialists.