AI will be worth €250bn to Irish GDP by 2035, says report by TCD and Microsoft

Around 91% of organisations in Ireland now using AI in some form

Microsoft Ireland general manager Catherine Doyle and Dr Ashish Kumar Jha, associate professor of Business Analytics at Trinity Business School and co-author of a report by Microsoft and TCD which found AI is expected to add €250bn to Ireland’s economy by 2035.

Adoption of artificial intelligence (AI) in Ireland has surged in the past year, with 91% of organisations now using AI in some form, a report compiled by Trinity College and Microsoft states.

AI is expected to contribute at least €250bn to Ireland’s GDP by 2035, the report said, and this could increase by a further €60bn depending on how businesses, government, and industry leaders harness its capabilities.