AI could have USD 1.6 thousand billion impact in North America by 2030

Retailers could benefit from the use of AI to varying degrees, according to the “2024 AI Readiness Index” of IHL Group.

This article is available for reading in Trade magazin 2024/11

The financial impact of AI at the 207 largest North American retailers and restaurants could reach nearly USD 1.6 thousand billion by the end of the decade. IHL Group’s AI Readiness Index compares the readiness scores (ranging from 0-100) of companies with the potential financial impact of sales growth, gross margin improvement and sales/general administrative cost reductions for each company. //