Oireachtas Joint and Select Committees
Wednesday, 15 May 2024
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Impact of Artificial Intelligence on Businesses: Discussion
Dr. Loretta O'Sullivan:
From a macro perspective and research that has been done on reaping the productivity gains from all this, it is around preparedness, that is, preparedness in terms of the ecosystem, infrastructure and skilled labour, as Mr. O'Reilly spoke to. Countries that have those ingredients in place and are prepared will benefit more from this than others. Some will be more advanced and will be ahead and Ireland will certainly be in that space. Of course, the productivity gains of this are feeding through to help improve living standards in terms of how economies grow and how we translate that down into improving life for everyone.
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