Generative AI could add up to $4.4 trillion annually to the global economy, according to a new McKinsey report. The technology, which rapidly produces text, images, and code, is poised to transform industries from customer service to software development, unlocking major productivity gains. While early adoption is concentrated in high-skill professions, automation could also reshape lower-wage jobs, challenging labor markets worldwide.
Read the whole story here: https://www.mckinsey.com/capabilities/mckinsey-digital/our-insights/the-economic-potential-of-generative-ai-the-next-productivity-frontier
