AI can almost double annual growth rate by 2035: Accenture

Singapore

NEW research by Accenture has revealed that artificial intelligence (AI) could nearly double Singapore's annual economic growth rates by 2035.

It was also found that Singapore is at the vanguard of integrating innovation and technologies into the wider economy, ahead of some of the world's largest economies such as the United States.

AI technologies will allow the workforce to use their time more efficiently, substantially boosting the labour productivity in Singapore.

With the adoption of AI, Singapore would require 13 years for its economy to double in size, compared to …