Artificial Intelligence (AI) is quickly making its way into the economy. It is rightly considered as a gamechanger and from an investor perspective, it is important to identify potential winners and losers.
There is overall agreement on positive productivity and growth effects. However, empirical estimates widely differ, ranging from an 1.5% additional annual productivity growth to just 0.064%.
Countries are not equally prepared to reap the benefits from AI. To identify likely winners and losers we developed a proprietary GenAM AI index (55 countries) based on various categories: innovation, adaption and diffusion, human capital, and regulation.
There exist other such indicators. The IMF’s AI Preparedness Index (AIPI) is a very broad indicator (covering 174 countries) while the Global AI Vibrancy tool (AIVT) from Stanford University has a deeper focus, containing 42 specific AI indicators but covering only 36 countries. Our indicator lies in between. The US, Singapore and (somewhat surprising) Germany are identified by all approaches as the economies best positioned to benefit, and Brazil the least promising.
You can now read the full whitepaper at the link below
Supporting documents
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