Artificial intelligence technologies are expected to make a significant contribution to the development of the Russian economy. By 2030, GDP could increase by 4-6%, or 11.2 trillion rubles, thanks to AI.
This was stated by Sberbank CEO German Gref during a business breakfast at the St. Petersburg International Economic Forum (SPIEF). He noted that no other technology has made such a significant impact on the economy before. According to Gref, the economic effect of using artificial intelligence could reach 1 trillion rubles in 2024 and 1.8 trillion rubles in 2025. However, Gref criticized the current model of the Russian economy, describing it as “extremely simple.” He mentioned that domestic producers are taking advantage of the development opportunities arising from the complex geopolitical situation, but these opportunities may not be long-term.
Earlier, Sberbank’s First Deputy Chairman Alexander Vedyakhin noted that the implementation of AI could enable CIS countries to increase their combined GDP by 53.6 billion dollars or 5.9% by 2030.
At the end of 2023, German Gref stated that artificial intelligence would play a priority role in Sberbank’s development strategy. The advancement of AI is expected to create a new economic model focused on human needs.
Russian President Vladimir Putin once joked about this topic, saying that Gref is “digging his own grave” by developing AI-based solutions at Sberbank.
Photo: Screenshot from video on Rutube