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Global AI boom to affect knowledge workers: McKinsey
Mint Mumbai
|June 15, 2023
The worldwide boom in generative artificial intelligence (AI) will usher in an age of accelerated productivity and greater prosperity for some and profound disruption for others, primarily knowledge workers, according to a new report by consultants McKinsey & Co.
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Whole swaths of business activity, from sales and marketing to customer operations, are set to become more embedded in software with potential economic benefits of as much as $4.4 trillion, about 4.4% of the world economy's output-according to the study by McKinsey's research arm.
Generative AI will give humans a new "superpower", and the economy a much-needed productivity injection, said Lareina Yee, a senior partner at the firm and chair of McKinsey Technology, in the report.
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