Aug 6, 2026 – 12.01amAustralia’s construction and retail sectors stand to be the biggest winners over the coming decade from the artificial intelligence boom, according to new modelling from EY that counters fears the technology will cause widespread job losses.EY found AI use could boost the Australian economy by $95 billion to $116 billion over the next decade – equivalent to 2.6 per cent to 3.2 per cent of GDP – as widespread adoption led to an increase in productivity and triggered extra investment in areas like data centres and supporting infrastructure.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
AI could create jobs, not destroy them: EY
New modelling from EY counters fears that AI will cause widespread job losses, finding the technology will boost productivity and living standards.







