Self-driving taxis will be a $10 trillion business in the next 5 years as a result of a combination of three technologies. Chairman of the CB – 2024-02-09 13:47:22

by times news cr

2024-02-09 13:47:22

Thanks to the combination of “Robot X”, energy conservation and AI, experts estimate that the results generated by the private sector over the next 5-10 years will not be $10 trillion, but estimates are $200 trillion. President of the Central Bank Martin Galstyan announced at the conference entitled “Artificial Intelligence for Business”.

“As of now, we are talking about 13 trillion in the general stock market, in the next 10 years, as a result of the combination of these functional platforms, we will have 200 trillion,” he said.

Martin Galstyan gave an example that self-driving taxis will be a 10 trillion dollar business in the next 5 years only as a result of the combination of these three technologies.

“According to the theory of classical economics, all economic growths can go up quickly due to innovation, but over time they will return to the normal average, and this is the first time that economists say that there is an opportunity to make growth exponential and sustainable,” he said. .

The President of the Central Bank noted that there is currently only one recipe for RA. “It is the formation of the agenda through political and economic leadership, but the agenda should be very broad. Not a narrow government or business agenda, but a pan-Armenian agenda in which everyone, including the scientific community, will participate.”

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