PwC report | Productivity hikes and wage premiums in industries exposed to AI

Industries with high levels of exposure to artificial intelligence (AI) are experiencing heightened levels of productivity, according to research from the PwC.

Additionally, the report titled Global AI Jobs Barometer found that AI-related roles, or jobs that require this skillset, had a 14% wage premium in the UK, with legal and IT sectors experiencing the highest premiums.

The report, which analysed over half a billion job adverts from 15 countries, outlined that job postings that require AI skills were growing 3.6 times faster compared to other types of job adverts.

Interestingly, the UK is seeing higher rates of productivity from industries exposed to AI than other countries included in the report. In this sense, the UK may be capitalising on the innovation opportunities around AI and recognising the demand it is set to have.