AI developer productivity can boost global GDP by $1.5 trillion by 2030

Artificial intelligence (AI) developer productivity benefits could boost global GDP by over $1.5 trillion by 2030, a report showed on Wednesday.

According to Microsoft-owned software development collaboration platform GitHub, users accept nearly 30 per cent of code suggestions from GitHub Copilot and report increased productivity from these acceptances within the first year in the market.

Using the 30 per cent productivity enhancement, with a projected number of 45 million professional developers in 2030, generative AI developer tools could add productivity gains of an additional 15 million “effective developers” to worldwide capacity by 2030.

This could boost global GDP by over $1.5 trillion, a boon in economic activity generated by this one group of workers, according to an analysis on a large sample of GitHub Copilot users (934,533).