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المشهد العربي
Bank of England: AI Increases Productivity
According to a report by the Bank of England, British companies' reliance on artificial intelligence technologies has contributed to increased efficiency and productivity. The software and tech consulting sector experienced a growth in its contribution to overall productivity by 0.1 percentage points between 2023 and 2025, which is ten times the average growth seen before the COVID-19 pandemic. The analysis indicated that companies that integrated AI saw performance improvements, especially in the administrative services sector, through automating routine tasks such as organizing meetings, managing documents, and handling invoices. However, the report also noted a decline in job opportunities, with vacancies in the most AI-affected professions dropping by 15% over the past three years, compared to smaller decreases in jobs with medium and low levels of impact.
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