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The AI Maturity Matrix
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The AI Maturity Matrix

Which Economies Are Ready for AI?

Christian Schwaerzler
Boston Consulting Group, 2024
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AI is rapidly reshaping economies, but some countries are better prepared than others to integrate and leverage its potential. Boston Consulting Group experts assess the AI readiness of 73 nations, providing a clear and well-illustrated analysis of where opportunities for AI adoption and growth are strongest. This informative guide offers valuable insights for executives and investors looking to navigate the evolving global AI landscape.

Summary

An economy’s ability to incorporate AI depends on several factors, including talent and funding.

AI will undoubtedly enhance productivity in industries that can use task automation and process optimization. However, it may upend businesses with more manual operations, such as manufacturing and agriculture. The sectoral impact of AI will be uneven, as will its effect on certain types of employment that may become obsolete. Yet AI can create opportunities that will partially neutralize job dislocation.

Information and communications, along with financial and public services, retail, high-tech products like semiconductors, and auto and truck manufacturing, are the industries most susceptible to AI-induced changes. A self-reinforcing effect occurs as these sectors produce goods and services that other businesses use or sell, further boosting the potential for economic growth. Countries with a relatively high exposure to these industries — such as Luxembourg and Hong Kong, with their strong concentrations in financial and business services — face greater potential dislocation.

A nation’s readiness...

About the Author

Christian Schwaerzler et al. are professionals with Boston Consulting Group.

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