Generative AI could add up to $4.4 trillion annually to the global economy, according to a new report. McKinsey analysts suggest the technology will transform industries by automating tasks, enhancing creativity, and boosting productivity. Sectors like software development, customer service, and healthcare may see the biggest impact. As businesses race to integrate AI, the report underscores both opportunities and challenges for the workforce.
Read the whole story here: https://www.mckinsey.com/capabilities/mckinsey-digital/our-insights/the-economic-potential-of-generative-ai-the-next-productivity-frontier