While flying cars might very well be part of our future, (with multiple startups working on development) the truth is that autonomous vehicles - also known as "self-driving cars" - are going to be far more transformative.Įxperts estimate that the broad-based adoption of autonomous vehicles will result in as much as $800 billion in gains in the U.S. Autonomous Vehicles: Better Than Flying Carsīack in the 1950s and 1960s, every book and movie imagined flying cars as the future of transportation. This is an extremely disruptive technology, just like the internet was, and its widespread adoption is going to affect every sector of the economy.īut, there are a couple of areas where it's going to have an outsized impact, which creates great opportunities for investors like you to get in on the ground floor. If $13 trillion doesn't rock your boat, PWC released a similar report recently estimating that the global gains from AI adoption by 2030 could be as high as $15.7 trillion! To put that in perspective, the gross domestic product (GDP) of the U.S. amounting to 1.2% of additional GDP growth per year. In a recent report, the consulting firm McKinsey estimated that the benefits of AI adoption will add up to $13 trillion to the global economy by 2030. The benefits of adopting AI are going to be bigger than we can imagine. We even have sightlines to greater adoption in the next decade. While we're still early in our global AI boom, we're starting to see the tech rolled out into daily life for businesses and consumers. The excitement around this new field of technology is palpable, and investor dollars are pouring into the space - doubling between 20. Save my name, email, and website in this browser for the next time I comment.Īrtificial intelligence, or AI, is set to be our civilization's greatest accomplishment (so far at least). Sign me up for the Money Morning newsletter Your email address will not be published. Or to contact Money Morning Customer Service, click here. Comment on This Story Click here to cancel reply.
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