Artificial Intelligence (AI) – Its Potential and the Lasting Transformation of the Ge - Prof. Dr. Norbert Pohlmann
Artificial Intelligence (AI) – Its Potential and the Lasting Transformation of the German Economy
For the purposes of this study, we have examined the potential of artificial intelligence (AI) for the German economy in 2025. A comprehensive analysis of more than 150 use cases across all relevant industries and
Of greatest significance: (1) We expect cost savings and revenue potential for all industries. (2) We see that AI will affect every function in companies. The biggest impacts are expected to be in the Retail & Consumer Goods and in the Energy, Environment & Chemicals sectors, each with a forecast of just under 100 billion Euros. The greatest potential, at just over 50 percent of the forecast economic impact, lies in supporting manufacturing with AI.
Technologically and economically, there are no obstacles to using AI immediately in companies. Once the relevant data is available, machine learning and deep neural networks can already be used to apply AI applications to support employees and processes in processing image
Massive investments are being made in AI in the USA and China. The Chinese AI-SaaS company SenseTime alone has a valuation of seven billion Euros and is a leading competence center with excellent prospects for the future. In Germany, we are a long way from this – but we see successful AI companies in attractive niches in the German core industries such as the automotive industry and mechanical engineering. We are optimistic that, in
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