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> With the effective implementation of AI, it could potentially boost the nation’s GDP by 50% or more in a short time. Err.. No, it won't. That's a ridiculou
by nl 3y ago
> With the effective implementation of AI, it could potentially boost the nation’s GDP by 50% or more in a short time.
Err.. No, it won't.
That's a ridiculous, laughable statement.
Japan 2022 GDP: $4.1 Trillion
Amazon 2022 Revenue: $513B
Google 2022 Revenue: $279B
Microsoft 2022 Revenue: $198B
So even growing a brand new Amazon, Google and Microsoft in "a short period" would be insufficient to grow GDP by 50%
- pcurve 3y agoyeah. There are countries growing at 7% annually, but they're mostly in Africa. Niger, Rwanda, Congo, etc. But please for the love of God, don't compare GDP to revenue.
- nl 3y agoGPD is made up of the sum of revenue in a country though. It's not unreasonable to point out the scale in comparison to existing companies.
- it_citizen 3y agoComparing the revenues of tech companies to the gdp of a country, even to give a sense of scale is comparing apples to oranges. Even if a bit unlikely, I would not be completely surprised if the service industry as a whole produced twice the value its produces today thanks to AI in the next 20/30 years. Not to mention the productivity gains in other sectors.
- nl 3y agoCompany revenue is probably the closest analogy of a country's GPD though. It's a rough measure of the money circulating in the company/country. And GPD made us of: "goods and services produced for sale in the market..." which is fairly roughly the sum of all companies' revenue. > I would not be completely surprised if the service industry as a whole produced twice the value its produces today thanks to AI in the next 20/30 years. Sure. 20/30 years is Google's age so make sense. I don't think 20 years is particularly short term though and 30 years certainly isn't.