The introduction of generative artificial intelligence tools like OpenAI’s ChatGPT is expected to add trillions of dollars a year of value to the global economy. And that’s not even accounting for all the ways it can be used.
Global management consulting firm McKinsey & Company released a report Monday, “The economic potential of generative AI: The next productivity frontier,” which found the use of generative AI in 63 applications it studied would boost the economy worldwide by anywhere from $2.6 trillion to $4.4 t
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