Barclays Research partners with the IBM Institute for Business Value to explore how recent breakthroughs in Artificial Intelligence could provide a boost to productivity, similar to past periods of revolutionary technology change. Foreword Welcome to the twelfth Impact Series report from our Research team, authored in partnership with the IBM Institute for Business Value, which explores the impact of Artificial Intelligence on productivity across industry sectors and the wider economy. As new tools such as ChatGPT have emerged, much has been written about the explosive growth of generative AI and how it could transform our world. Yet less analysis has been done to assess how AI may unlock meaningful gains in labour productivity.

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