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South Africa’s GenAI moment: Closing skills gap could unlock billions in economic value – iAfrica.com | SA News

The artificial intelligence (AI) revolution is fundamentally altering how businesses operate and governments deliver services globally. AI is poised to create significant value across various sectors worldwide. According to PwC research, AI applications could add up to $15.7 trillion annually to global GDP by 2030, making it the biggest commercial opportunity in today’s fast-changing economy. This economic impact is driven by productivity gains from automating processes and augmenting the labour force, as well as increased consumer demand resulting from personalised and higher-quality AI-enhanced products and services. The potential uplift to GDP from AI is amplified in economies…

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  1. Fun South African Fact: The Bloukrans Bridge, Western Cape, is the highest commercial natural bungee jump in the world.