AI For The Environment Could Reduce Emissions, Boost Global GDP By $5 Trillion, Create 38m JobsAI For The Environment Could Reduce Emissions, Boost Global GDP By $5 Trillion, Create 38m Jobs
AI For The Environment Could Reduce Emissions, Boost Global GDP By $5 Trillion, Create 38m Jobs
April 17, 2019
LONDON - Deploying AI in four industry sectors to improve management of the environment could reduce carbon emissions, boost global GDP by USD $5tr, and create 38 million jobs globally, a startling new report by PwC and Microsoft has claimed.
The report, entitled How AI can enable a sustainable future, tackles the potential deployment opportunities for AI in agriculture, transport, energy and water to reduce emissions and stimulate economic growth between now and 2030. Co-produced by PwC and Microsoft, it models four scenarios across these sectors, estimating that AI could reduce worldwide greenhouse gases by 4% - an amount equivalent to the 2030 annual emissions of Australia, Canada, and Japan combined.
The report goes on to estimate that these initiatives could contribute up to $5.2 trillion USD to the global economy - a 4.4% increase on 'business as usual'.
"Put simply, AI can enable our future systems to be more productive for the economy and for nature," said Celine Herweijer, Global Innovation & Sustainability Leader for PwC UK. "The research shows the potential of emerging technology to directly support decoupling economic growth from greenhouse gas emissions in the near and long term."