The Artificial Intelligence (AI) sector is rapidly transforming the global economy, revolutionizing industries from healthcare and finance to manufacturing and transportation. The technology enhances productivity, automates processes, enables predictive analytics, and creates new business models. As of 2024, the global AI market was valued at approximately $500 billion, with projections suggesting growth to reach $1.8 trillion by 2030. AI contributes to economic growth through increased efficiency, innovation, and the creation of new jobs despite automating others.

The United States leads in AI development and implementation, home to major players like OpenAI, Google (DeepMind), Microsoft, and NVIDIA. China follows closely with companies like Baidu and SenseTime, supported by significant government investment. The EU, UK, and Israel are also key players in AI research and development. AI’s cross-sector impact is profound: in healthcare, it enhances diagnostics and drug discovery; in finance, it powers algorithmic trading and fraud detection; in manufacturing, it enables predictive maintenance and quality control; in retail, it personalizes customer experiences and optimizes inventory management. The technology is becoming increasingly central to business competitiveness across all sectors.