AI's $19.9 Trillion Economic Boost Signals Rapid Growth for Integrated Risk Management

Artificial IntelligenceIRM Navigator™ Reports
Written By John A. Wheeler

The digital revolution is accelerating, and artificial intelligence (AI) stands at the forefront of this transformation. Released today, IDC's latest research predicts that AI will contribute an astounding $19.9 trillion to the global economy by 2030, driving 3.5% of global GDP. For every dollar invested in AI, $4.60 is expected to be generated in economic value. These findings not only underscore AI's profound economic impact but also highlight the escalating need for robust Integrated Risk Management (IRM) solutions to navigate the complexities that come with such rapid technological advancement.

John A. Wheeler

John A. Wheeler is the founder and CEO of Wheelhouse Advisors, a global risk management strategy and technology advisory firm. With over three decades of experience in various roles spanning executive management, finance, risk management, audit, and IT, John is a world-renowned expert and advisor in integrated risk management technology, executive leadership, and corporate governance.

https://www.linkedin.com/in/johnawheeler/
Sign up to read this post
Join Now
Previous

AI Agents: Steering Integrated Risk Management into the Autonomous Era
Next

The Over-Ambitious ESG Push: Why a Risk-Based Approach to Sustainability is Needed