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AI productivity gains to be offset by other factors in the next five years

News RoomBy News RoomJune 7, 2024
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In January this year, the International Monetary Fund stated that around 60% of jobs in advanced economies would be impacted by AI, with around half benefiting from AI integration, which is expected to bolster productivity.
Separately, speaking at the Future of Investment Festival on Wednesday (5 June), Royal London Asset Management head of sustainable investments Mike Fox argued generative AI would impact the latest round of technology products. This includes Apple’s next iPhone cycle, which is expected to focus development in this area.
Pictet launches investment research institute …

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