AI Drives $1.4T Potential Growth for BRICS+ Countries
Generative AI is projected to significantly boost the economies of BRICS+ countries. Potentially adding up to $1.4 trillion by 2030, according to Yakov and Partners’ November 2024 report.
The technology could drive innovation, improve productivity, and unlock new economic opportunities for member states like Brazil, Russia, India, China, and South Africa. The report highlights generative AI’s transformative potential across industries. Estimating it could contribute up to 20% of AI’s total economic impact on these nations.
Clever Robot News Desk 22th January 2025