Business

AI Projected to Boost Poland’s GDP by Up to 12.1% by 2035

A recent report from the World Bank suggests that artificial intelligence (AI) could augment Poland’s Gross Domestic Product (GDP) by between 1.3% and 12.1% by the year 2035.

The report emphasizes that the degree of this growth will be contingent on several factors, including the speed of corporate investments, the pace at which workers adapt to labor market changes, and whether public policies will support this transformation.

Potential Exists, but No Certainty

According to the authors, AI could start generating productivity gains in Poland within three years. However, achieving GDP or productivity benefits is not guaranteed. This will require financial backing for investments that effectively utilize AI at scale, as well as the creation of a business environment conducive to innovation.

Currently, 8% of Polish firms are utilizing AI in at least one business process. This indicates a significant potential for broader AI adoption. The analysis suggests that productivity growth will depend more on companies’ ability to leverage AI effectively rather than merely on access to the technology itself.

It is crucial to enhance managerial competencies and establish a clear and predictable regulatory environment to translate AI implementation into higher productivity. The business services sector is expected to experience the earliest impacts of AI deployment.

The report also highlights the need for targeted support to ensure a fair transition, taking into account varying adaptation capabilities among workers due to factors like skills, age, and gender. Ensuring a universal improvement in living standards and better job opportunities will depend on appropriate labor market policies, education, and social protection measures.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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