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Expert: Industrial Revolution Boosts Egypt AI
Experts have reported that the Fourth Industrial Revolution, particularly the expanding use of artificial intelligence, will reshape the global economy by improving production and service methods. This transformation is exemplified by applications such as autonomous vehicles and smart cities that rely on sensors to reduce crime and monitor accidents instantaneously. It is anticipated that by 2030, AI will contribute approximately $13 trillion to global economic growth, representing about 10% of the total economy. Currently, the digital economy accounts for around 50% of the global economy, with e-commerce reaching $30 trillion. As for Egypt, it is experiencing an expansion in digital services exports, having generated $5.1 billion last year and expecting to reach $8 billion this year. This reflects the sector's importance in boosting the economy and its role in the global digital transformation.
Notice: This Is an AI-Generated Summary
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