AI could cause $1.6 trillion impact by 2030 — these retailers lead

Retailers stand to benefit from artificial intelligence, some more than others.

The top 207 North American public retailers and restaurants could see nearly $1.6 trillion financial impact through the end of the decade, according to the "2024 AI Readiness Index" from analyst firm IHL Group. The index provides an AI readiness score comparison (from 0-100) as well as potential financial impact for individual companies from sales growth, gross margin improvement, and sales/general administrative cost improvement. Read more here.