This report explores how artificial intelligence (AI) can help to avoid approximately US$70 billion in direct natural disaster costs to infrastructure by 2050.
As populations and economies grow, infrastructure systems should evolve to meet rising demands. At the same time, natural disasters are becoming more frequent and intense.
By 2050, it’s projected that natural disasters could cause approximately US$460 billion in average annual losses to infrastructure globally. These losses are more than double the annual average over the last 15 years.
Enhancing infrastructure resilience with AI could help to prevent 15% of these losses. That translates to approximately US$70 billion in annual savings.
Approximate annual losses to infrastructure caused by natural disasters by 2050.
Approximate annual savings in direct natural disaster costs to infrastructure by 2050 with AI.
Approximate annual savings by 2050 by applying AI to plan and respond phases for storms (US$30B) and floods (US$20B).