AI could add 2.6 to 4.4 Trillion USD annually to the business economy – McKinsey
Generative AI has the potential to add significant value to the global economy. Research indicates that implementing generative AI across 63 use cases in 16 business functions could contribute between $2.6 trillion to $4.4 trillion annually. This would represent an increase of 15 to 40 percent in the overall impact of artificial intelligence. Furthermore, if generative AI is embedded into existing software beyond these use cases, the estimated value could double.
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June 15, 2023