Unlock the economics of artificial intelligence with our expert blog series. Explore how AI delivers return on investment, boosts project effectiveness, and transforms industries. Dive into the macroeconomic effects of AI, from productivity gains and wage premiums to automation’s impact on jobs and skills. Get critical insights into regional differences, workforce trends, and the evolving global economic landscape powered by AI innovation.
There is little doubt that the release of ChatGPT in November 2022, and the tsunami of artificial intelligence (AI) investment that followed had a seismic impact on the global economy. In Q2 2025 $40 billion, or 45% of all venture capital (VC) funding, went to AI-related companies, according to Crunchbase. On the day that I…
Most of us by now will have tried using an AI chatbot like ChatGPT or Claude or Perplexity or Grok. They are hard to avoid, with, for example, Google now putting AI-generated answers at the top of its queries, with sometimes amusing results. However, if you are to implement one of these generative AI tools…
There has been a tidal wave of interest and investment in AI since the public release of ChatGPT in November 2022 by OpenAI. Over half of all global venture capital investment in 2024 was in AI-focused companies. Application areas have ranged from mundane to exotic, across a spectrum of industries. It has been used from customer service chatbots to…