How big is this opportunity? Well, world GDP is $113 trillion. Services account for 62% of that, with industry at 26%, manufacturing at 15%, and agriculture at 4%. AI will likely increase productivity in descending order, most in services, least in agriculture…your numbers don’t add up to 100%…what you defining as “industry at 26%” assume mining utilities, but be specific please
I obtained the sector percentage data from the World Bank and the GDP figure from the IMF's estimates. I went to double-check, and it turns out that some manufacturing divisions are included within the industry category, which makes the presentation a bit confusing, but that explains the discrepancy. Here's the link: https://wdi.worldbank.org/table/4.2 . Sorry for the confusion.
How big is this opportunity? Well, world GDP is $113 trillion. Services account for 62% of that, with industry at 26%, manufacturing at 15%, and agriculture at 4%. AI will likely increase productivity in descending order, most in services, least in agriculture…your numbers don’t add up to 100%…what you defining as “industry at 26%” assume mining utilities, but be specific please
I obtained the sector percentage data from the World Bank and the GDP figure from the IMF's estimates. I went to double-check, and it turns out that some manufacturing divisions are included within the industry category, which makes the presentation a bit confusing, but that explains the discrepancy. Here's the link: https://wdi.worldbank.org/table/4.2 . Sorry for the confusion.
Thanks
No problem. If you have any other question feel free to ask.