Generative AI could add up to $4.4 trillion annually to the global economy, according to a new report from McKinsey. The technology’s biggest impact is expected in banking, retail, and customer service, where automation could boost productivity and reshape workflows. But while businesses stand to gain, concerns remain about workforce displacement and regulatory challenges. The report highlights the urgency for companies and policymakers to adapt quickly.
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.
