AI market must reach nearly $6 trillion a year by 2031 to fund infrastructure: Bain report

The global AI market must reach nearly USD 6 trillion annually by 2031 to fund AI infrastructure and justify the massive capital being deployed, according to a report by global management consultancy firm Bain & Company.

Much of that value will have to come from new innovation rather than gains in employee productivity, Bain said in its 7th annual Global Technology Report released on Tuesday.

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