Having now analyzed at length the potential impact AI is likely to have on global market value, its impact on jobs, and how people feel about its use in general, let’s now end our analysis with a look at how AI has the potential to change future global economic industry output for the better.

As we’ve already noted from previous data provided, AI growth is likely to be massive in the coming years, but just how big could this be for certain sectors in particular? And which overarching industries are likely to see the biggest growth rates by correctly using AI?

To answer the above questions, let’s begin by examining how AI could impact industry growth rates around the world over the coming years. Once again turning to Statista, we can see what these comparative potential growth rates might look like, both with and without the integration of AI.

Based on previous AI insights garnered from Statista and Stanford University data, it should come as no surprise that the industry set to see the biggest growth benefits from AI is the information and communication sector, which could grow by as much as 4.8% per year by 2035 – this is compared to just 3.4% without the benefit of AI.[1]

The same levels of yearly growth are true for the manufacturing and financial sectors as well, which have the potential to grow by 4.4% and 4.3% respectively by 2035. Again, without the use of AI, this growth could be as low as 2.3% and 2.4% in these industries.[2]

In fact, the data provided by Statista on global industry growth rates shows a visibly marked increase across all sectors if they choose to make use of AI’s potential, with the average yearly growth rate sitting at a minimum of 1.7% each year.[3]

But perhaps more interestingly, Statista data also suggests that those industries which successfully implement AI could see average profitability increase by up to 38% by 2035[4], yet again showing the potential financial benefits offered by AI.