McKinsey report finds generative AI could add up to $4.4 trillion a year to the global economy
By Carl Franzen, VentureBeat
It seems like the leadership of nearly every big company is excited about generative AI these days and rushing to announce or embrace new AI tools. But what impact will their moves have on the economy?
While it’s difficult to say for certain, global consulting leader McKinsey and Company — where GenAI is already in use by roughly half the workforce — has attempted to quantify the trend in a new report, The economic potential of generative AI.