AI could contribute up to $15.7 trillion1 to the global economy in 2030, more than the current output of China and India com- bined. Of this, $6.6 trillion is likely to come from increased productivity and $9.1 trillion is likely to come from consump- tion side effects. 40 AI Start Ups To Watch Out 5. Conclusion Artificial intelligence is reshaping industries and driving innova- tion across the United States market. While the market is expand- ing, challenges such as ethical considerations, job displacement, and bias in AI systems must be addressed. The United States, with its thriving AI ecosystem, is well-positioned to lead in AI re- search, development, and adoption. Responsible AI practices are 66 SPAIN-US CHAMBER MARKET REPORT