New York is on track to become a leading center for artificial intelligence, with a forecasted $320 billion increase in the AI sector by 2038.

The city currently employs 40,000 AI professionals and ranks as the second-largest destination for AI company investments.

According to a joint report by Accenture and Tech:NYC, 90% of New York executives are actively seeking to hire more AI talent.

Projections indicate that AI will automate or augment two-thirds of work hours in New York within the next 15 years, significantly boosting the economy.

AI advancements are expected to streamline job tasks rather than replace workers, creating more equitable opportunities for younger and unconnected employees.

New York boasts 35 AI startups valued at over $1 billion each, and AI solutions like Ramp, Runway AI, and Dataminr are increasingly prevalent in various industries.

The city's diverse industry landscape, commitment to research, and support for startups and academia contribute to its ability to attract and maintain AI expertise.

The New York state government is investing $400 million into AI research and education with the 'Empire AI' initiative to solidify its position as an AI powerhouse.

Governor Kathy Hochul has highlighted the strategic importance of leading in AI to secure New York's position in the future economy.