AI adoption may increase India’s GDP growth by 2.5%

A latest study by Google, Nasscom and ICRIER said that a unit increase in AI intensity by organisations in India can help improve the country’s GDP by  2.5 % with immediate effect. AI intensity is measured as the ratio of AI to total sales of the firm or investments in software, databases and computer machinery as a proxy for AI. The study, however, pointed out that at the present investments in AI is unlikely to increase AI intensity adequately.

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