BOSTON , Nov. 20, 2024 /PRNewswire/ -- AI is already transforming industries and starting to reshape economies and is poised to profoundly shape the future of economic development over the next few years. The expansive scale of this growth makes AI an economic priority in every region around the globe.
However, new Boston Consulting Group (BCG) research has established that most economies are underprepared for AI-driven disruption. The study, released today, shows that over 70% of the economies studied score below average in critical areas such as ecosystem participation, skills, and research and development. BCG's AI Maturity Matrix offers a comprehensive overview of the AI landscape across 73 economies by focusing on two pivotal aspects.
First, it assesses each economy's vulnerability to AI-driven shifts, such as job displacement and industrywide productivity gains. Second, it evaluates the preparedness of each economy to navigate the risks associated with AI, while leveraging its potential to stimulate economic growth. The report then offers recommendations tailored to the different groups to guide policymakers, and provides an interactive dashboard for a more detailed exploration of the analysis.
"This first-of-its-kind study offers a broad view of global adoption, revealing that while most economies are gradually embracing AI, a small influential group of pioneers is emerging as global leaders," said Christian Schwaerzler , a BCG managing director, partner, chair of BCG'.
