The Impact of AI on the Global Economy and Knowledge Workers.
McKinsey Global Institute's report estimates that generative artificial intelligence, including chatbots, can add up to $4.4 trillion of value to the global economy annually by automating 60 to 70 percent of workers' time. The report predicts that half of all work will be automated between 2030 and 2060. The majority of generative AI's economic value will come from helping workers automate tasks in customer operations, sales, software engineering, and research and development. However, the report also outlines challenges that industry leaders and regulators would need to address with AI, including concerns that the content generated by the tools can be misleading and inaccurate.
- Generative A.I. Can Add $4.4 Trillion in Value to Global Economy, Study Says The New York Times
- Biggest Losers of AI Boom Are Knowledge Workers, McKinsey Says Bloomberg
- McKinsey checks in on for whom the bell tolls Financial Times
- McKinsey: gen AI could add $4.4T annually to global economy VentureBeat
- AI productivity boost will hit banks, retail first, study finds Axios
- View Full Coverage on Google News
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