Generative AI could add up to $4.4 trillion annually to the global economy, according to a new McKinsey report. The technology is poised to automate nearly 70% of business activities, particularly in customer service, software development, and marketing. This shift could reshape job roles and boost productivity, offering major benefits for companies looking to streamline operations. Here’s an image that encapsulates the immense economic impact of AI technology:
Why does it matter? This transformation could not only redefine corporate strategies but also require significant workforce adaptation as artificial intelligence integrates into diverse roles. Understanding these changes is crucial for any stakeholders involved in tech strategy, human resources, and business operations.
For whom important? Business leaders, HR professionals, and tech strategists must anticipate AI-driven changes to maintain competitive advantage and enhance business scalability.
Read the whole story here: https://www.mckinsey.com/capabilities/mckinsey-digital/our-insights/the-economic-potential-of-generative-ai-the-next-productivity-frontier
