Generative AI could unlock trillions in economic potential, reshaping industries from software development to customer service. A new report from McKinsey highlights AI’s ability to automate tasks and enhance knowledge work, potentially adding $2.6 trillion to $4.4 trillion annually to the global economy. Sectors like banking, retail, and pharmaceuticals stand to gain the most, while companies that fail to adapt risk falling behind.
Read the whole story here: https://www.mckinsey.com/capabilities/mckinsey-digital/our-insights/the-economic-potential-of-generative-ai-the-next-productivity-frontier