Artificial intelligence (AI) is taking the world by storm and increasingly shaping economic and broader opportunities. It has become clear that AI has enormous potential to advance economic and societal wellbeing and enable improved environmental outcomes. 

AI is already enabling better products and services to be delivered faster, cheaper and more safely across most industries and sectors. For consumers, AI applications are already a part of our day-to-day lives and customer experiences. 

To put the scale of potential economic transformation into perspective, Accenture analysed 12 developed economies and found that AI has the potential to double their annual economic growth rates and boost labour productivity by up to 40 per cent by 2035.