Rapid advances in the field of artificial intelligence (AI) have been making headlines, and businesses and investors alike have been scrambling to stake claims in this groundbreaking field of technology.

Why the mad rush? Cathie Wood, CEO and co-founder of Ark Investment Management, recently released the investment firm's Big Ideas 2023 report, and its conclusions are staggering: "AI should increase the productivity of knowledge workers more than 4-fold by 2030 ... If vendors were to capture 10% of value created by their products, AI software could generate up to $14 trillion in revenue."

That's just the beginning. The bullish case suggests that with a 20% capture and 6.5 times productivity gains, the amount could surge to $41 trillion.

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Source Fool.com