Increases in capital and labor are no longer driving the levels of economic growth the world has become accustomed to and desires. Fortunately, a new factor of production is on the horizon, and it promises to transform the basis of growth for countries across the world. Accenture analyzed 12 developed economies and found that AI has the potential to double their growth rates by 2035.

1. Accenture analysis across 12 countries,
that together generate more than
50 percent of the world’s economic
output, shows that AI can open up
opportunities to create new value,
reinforcing the role of people to drive
growth in business.
40%
INCREASE IN LABOR
PRODUCTIVITY BY 2035
AI CAN DOUBLE
GROWTH RATES
AI HELPS
PEOPLE
BE MORE
PRODUCTIVE
A comparison of baseline annual gross value
added growth (%) in 2035 to a scenario where
AI has been absorbed.
Number of years for the economy to double in size
(a full circle represents 100 years)
AI establishes a new relationship between people and
machines, creating new factors of productivity and growth
AI SOLVES KEY BUSINESS
CHALLENGES
AI CAN DOUBLE
ECONOMIES’ SIZE
What is AI?
AI involves multiple technologies that
can be combined in different ways to
sense, comprehend, act and learn.
Slow
growth
Since the 1980s,
GDP growth has
slowed in many
large economies.
Weak
productivity
Total factor
productivity has
weakened in the
past 10 years.
Falling capital
efficiency
The marginal
capital efficiency
rate has dropped
over 50 years.
Intelligent
automation
Creates growth
beyond traditional
automation solutions
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Source: Accenture analysis
www.accenture.com/futureofAI
Labor
and capital
augmentation
Makes more efficient
use of the workforce
and capital assets
Innovation
diffusion
Uses AI to stimulate
new ideas
Aging
workforce
As populations age
and birth rates slow,
fewer people are
available.
Three AI accelerators unleash new levels
of human creativity
FUELING
INNOVATION
0.8
1.7
1.4
1.6
1.7
2.5
2.1
4.6
4.1
2.6
3.2
3.0 3.0 2.9
2.7 2.7
2.5
1.0
3.9
3.6
1.6 1.7
1.8
1.4
BASELINE
SPAIN ITALYBELGIUMJAPANAUSTRIAGERMANYNETHERLANDSSWEDENUNITED
KINGDOM
FINLANDUNITED
STATES
FRANCE
AI STEADY STATE
Baseline AI steady state
GermanyUnited States
France Japan Italy
United Kingdom