Generative AI could add up to $4.4 trillion in annual global economic value, according to a McKinsey report. Industries like banking, retail, and life sciences are poised for the greatest gains, with AI-driven automation reshaping workflows and job roles. However, rapid adoption may require workforce retraining and regulatory adaptation. For businesses and policymakers, this signals a major shift in productivity and competitiveness.
Read the whole story here: https://www.mckinsey.de/~/media/mckinsey/locations/europe%20and%20middle%20east/deutschland/news/presse/2023/2023-06-14%20mgi%20genai%20report%2023/the-economic-potential-of-generative-ai-the-next-productivity-frontier-vf.pdf.
