RBI says generative AI may contribute up to $438B to GDP

Quick Summary:

The RBI claims generative AI will supply $359-438 billion to India's GDP by 2029-30, while firms' AI integration into production processes increased to 25% in 2024 from 8% in 2023.

The post RBI says generative AI may contribute up to $438B to GDP appeared first on CoinGeek.

The Reserve Bank of India (RBI) feels generative AI, or gen AI, will supply $359-438 billion to India’s gross domestic product (GDP) by 2029-30.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Pradipta Mukherjee

Category: Crypto

Markets: CanadaIndiaMali

Topics: Internet of Things Artificial Intelligence Reserve Bank of India IoT Generative AI AI Michael Debabrata Patra Business Digitalization

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-26 @ 06:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 912 words

Reading Time: 6 minutes read

Sentences: 22 lines

Sentence Length: 42 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 23877547

View Article Analysis

About CoinGeek

Main Topics: Crypto

Official Website: coingeek.com

Update Frequency: 3 posts per day

Year Established: 2012

Headquarters: Canada

News Last Updated: 10 hours ago

Coverage Areas: Canada

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #82

Publisher Details

Frequently Asked Questions