Artificial intelligence has the potential to significantly boost economic growth rates through its role as a capital-labor hybrid and its ability to accelerate innovation. AI can drive growth via three mechanisms: intelligent automation by adapting to automate complex tasks at scale, labor and capital augmentation by helping humans focus on higher value work and improving efficiency, and innovation diffusion by generating new ideas and revenue streams from data. For economies to fully benefit from AI, governments must prepare citizens and policy for integration with machine intelligence, encourage AI-driven regulation, advocate ethical guidelines for AI development, and address potential redistribution effects of job disruption.

1. WHY ARTIFICIAL
INTELLIGENCE
FUTURE OF
GROWTH
ISTHE

2. 2.6
2.1
2.5
1.7 1.6 1.4 1.4 1.7
0.8
1.6 1.7
1
4.6
4.1 3.9 3.6
3.2 3 3 2.9 2.7 2.7 2.5
1.8
BASELINE AI STEADY STATE
AI IS A NEW FACTOR OF PRODUCTION
CAPITAL AND LABOR ALONE CANNOT
DRIVE SUFFICIENT GROWTH
AI can help:
• Double annual
economic growth rates
12 COUNTRIES STUDIED
2
Real gross value added (%, growth)
Source: Accenture and Frontier Economics
• Boost labor
productivity
• Shorten the
timeline to growth
Copyright © 2016 Accenture All rights reserved.

3. Intelligent automation
Labor and capital augmentation
Innovation diffusion
Now humans can do
more innovative things:
3
THREE GROWTH ACCELERATORS
AI ACTS AS A CAPITAL-LABOR HYBRID
THAT DOES NOT DEGRADE OVER TIME
Huge value is going
to come from the new
goods, services and
innovations AI will enable.
DAVID AUTOR, PROFESSOR OF ECONOMICS, MIT
Copyright © 2016 Accenture All rights reserved.

4. 4
INTELLIGENT AUTOMATION
CREATES GROWTH BEYOND
TRADITIONAL AUTOMATION SOLUTIONS
AI can:
• Adapt and flex to automate complex tasks
• Work across multiple industries or roles
• Self-learn for repeatability at scale
Copyright © 2016 Accenture All rights reserved.

5. 5
LABOR AND CAPITAL AUGMENTATION
MAKES MORE EFFICIENT USE OF THE
WORKFORCE AND CAPITAL ASSETS
AI can:
• Help humans focus on adding value
• Complement and enhance human ability
• Improve capital efficiency
Copyright © 2016 Accenture All rights reserved.

6. 6
INNOVATION DIFFUSION
USE AI TO STIMULATE NEW IDEAS
AI can:
• Complement technologies from new collaborations
• Create new revenue streams from data generated
• Introduce social benefits
Copyright © 2016 Accenture All rights reserved.

7. 7
FOUR IMPERATIVES TO TRANSITION TO AI
BE READY—INTELLECTUALLY, TECHNOLOGICALLY,
POLITICALLY, ETHICALLY, AND SOCIALLY
Copyright © 2016 Accenture All rights reserved.
Prepare the next generation for AI
Integrate human intelligence
with machine intelligence
Encourage AI-powered regulation
Create adaptive, self-improving
regulation to keep pace with
technological change
Advocate an AI code of ethics
Manage the ethical and societal issues
that can slow AI progress
Address redistribution effects
Clearly articulate AI benefits and create
strategies to address concerns

8. 8
ABOUT THE STUDY
ACCENTURE INSTITUTE FOR
HIGH PERFORMANCE
EXPERT
INTERVIEWS
EXTENSIVE SECONDARY RESEARCH
into how AI generates economic growth
12
countries
ECONOMIC
MODELING
50%of the world’s
economic output
Spain Sweden United Kingdom United States
Germany Italy Japan Netherlands
Austria Belgium Finland France
that
together
generate
Copyright © 2016 Accenture All rights reserved.

9. PAUL DAUGHERTY
Chief Technology Officer
Accenture
MARK PURDY
Managing Director-Economic Research
Accenture
9
CONTACT US
www.accenture.com/futureofAI
Copyright © 2016 Accenture All rights reserved.

10. 10
ABOUT ACCENTURE
Accenture is a leading global professional services
company, providing a broad range of services and
solutions in strategy, consulting, digital, technology and
operations. Combining unmatched experience and
specialized skills across more than 40 industries and all
business functions—underpinned by the world’s largest
delivery network—Accenture works at the intersection of
business and technology to help clients improve their
performance and create sustainable value for their
stakeholders. With approximately 375,000 people
serving clients in more than 120 countries, Accenture
drives innovation to improve the way the world works
and lives. Visit us at www.accenture.com.
ABOUT ACCENTURE
INSTITUTE FOR HIGH
PERFORMANCE
The Accenture Institute for High Performance develops
and communicates breakthrough ideas and practical
insights on management issues, economic trends and
the impact of new and improving technologies. Its
worldwide team of researchers collaborates with
Accenture’s strategy, digital, technology and operations
leadership to demonstrate, through original, rigorous
research and analysis, how organizations become and
remain high performers. For more information, follow
@AccentureINST or visit www.accenture.com/institute.
Copyright © 2016 Accenture All rights reserved.