The report was launched in conjunction with Google’s new AI education training pillar for SMEs in Ireland. Photograph: Jason Henry/The New York Times
The study, conducted by Implement Consulting, found Irish businesses would need to adopt the technology on a widespread basis if the full value is to be realised. Delaying capitalising on the new technology by five years could cut that potential growth in GDP to 2 per cent, or €8 billion to 10 billion.
However, around 6 per cent of jobs are likely to be displaced by generative AI, with around half of their tasks open to automation. These include call centres, data entry and IThe research found that around 8 per cent of Irish companies had adopted at least one type of AI technology last year, in line with EU averages, with more than half of business leaders saying that AI had already improved staff productivity and generated new ideas.