Global Economic Impact of Artificial Intelligence to Reach $19.9 Trillion by 2030

The International Data Corporation (IDC) has released an analytical report stating that the global economic impact of artificial intelligence (AI) will be approximately $19.9 trillion by 2030.

According to the report, the AI sector is expected to account for 3.5% of global GDP in 2030, driven by companies’ investments in AI solutions and services.

IDC analysts have considered various factors, including the costs of implementing AI solutions, their integration into existing operations, and the improvement of products and services offered to businesses and consumers.

The report highlights that every $1 invested in AI solutions and services will generate $4.6 in global GDP through direct and indirect impact.

AI Adoption and Economic Consequences

Lapo Fioretti, chief analyst of New Technologies and Macroeconomics at IDC, notes that the period of faster development and implementation of AI solutions began in 2024, driven by the need to optimize operating costs.

Fioretti emphasizes that AI will have profound economic consequences, transforming entire industries, creating new markets, and changing competitive landscapes.

Automation and Job Creation

A survey of IDC respondents reveals that 48% expect some of their work functions to be automated through AI solutions and other technologies in the coming years.

About 15% of respondents consider the automation of most of their work functions likely, while 3% expect full automation.

Although AI adoption may negatively impact some activities, new job opportunities will emerge in global organizations, such as AI ethicists, according to IDC.