Generative AI & the Future of Business
summary
Research from the McKinsey Global Institute claims generative AI could create 2.6–4.4 trillion dollars of annual profit with 75% of that value concentrated in marketing and sales, software development, customer operations and R&D. Experiments show developer productivity rising 10–70% on some tasks, models can draft drug candidates, circuit designs and vehicle concepts, and combined with other automation roughly 30% of work hours by 2030 are potentially automatable, implying big reskilling and deployment choices.
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chapters (8)
- 0:00Introduction
- 0:29Business potential of AI
- 2:06Key areas of AI impact
- 3:30Innovation and R&D
- 5:19Labor market transformation
- 7:38Productivity and growth
- 9:30The future of technology
- 12:20Conclusion
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