Generative AI could add up to $4.4 trillion annually to the global economy, according to a new McKinsey report. The technology’s impact spans industries, from customer service to software development, with potential labor productivity gains of 3 to 5 percent. While automation might reshape jobs, it could also unlock unprecedented efficiency. Businesses, policymakers, and workers alike must prepare for rapid adaptation.
Read the whole story here: https://www.mckinsey.com/~/media/mckinsey/business%20functions/mckinsey%20digital/our%20insights/the%20economic%20potential%20of%20generative%20ai%20the%20next%20productivity%20frontier/the-economic-potential-of-generative-ai-the-next-productivity-frontier.pdf
