Economy

Accountants’ adoption of AI could add £2bn to GDP, study finds

Data shows that AI-enabled practices also expect to hire 10 times more employees and triple their revenue growth compared to non-users

The accounting industry is on the brink of significant transformation as widespread AI adoption in the UK’s practices could add £2bn to GDP, boost exports by £238m and create almost 20,000 jobs, according to a study by Sage

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