Generative AI could add up to $4.4 trillion annually to the global economy, according to a new report by McKinsey. The technology, which can automate complex tasks in fields like customer operations, software development, and R&D, is poised to reshape industries by significantly boosting productivity. As businesses race to integrate AI-powered solutions, executives and policymakers must weigh its transformative potential against workforce disruptions.
Read the whole story here: https://www.mckinsey.com/capabilities/mckinsey-digital/our-insights/the-economic-potential-of-generative-ai-the-next-productivity-frontier