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The Rise of Artificial Intelligence in Shaping Global Economies

  • Artificial Intelligence is projected to grow from $515 billion in 2023 to $1.8 trillion by 2030, according to Fortune Business Insights.
  • The World Economic Forum's 2023 report predicts that AI will create 97 million new roles by 2025, even as it renders certain jobs obsolete.
  • India's National AI Strategy aims to train over 1 million individuals in AI-related skills by 2025.
  • The European Union's AI Act, set to come into effect in 2025, aims to establish a legal framework that balances innovation with ethical considerations.
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