The advent of Artificial Intelligence (AI) applied to manyeconomic sectors and driving Industrial Revolution 4.0. will likely bring a large increase in output and labour productivity to the economies of Central andEastern Europe. This is because the nature of work will change due to robotization and the application of AI to new technologies will likely bring revolutionary breakthroughs. Our lives, professional and personal, will be transformed in fundamental ways. According to the McKinsey Global Institute, the annual contribution of AI to GDP could be as high as 7% in the future unfolding gradually in the coming years.This is anenormous boost to world GDP and, if harnessed properly, can enhance prosperity in many places, including in the CEE.
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