Generative AI will add trillions to global economy: McKinsey

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Generative AI set to add trillions to global economy: McKinsey

Carmine Di Sibio, global chairman of consulting firm Ernst & Young, joined ‘Mornings with Maria’ to discuss the U.S. Treasury’s $1T debt deluge and artificial intelligence.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.potential of generative AI

AI WILL NOT REPLACE HUMAN ARTISTS, COULD LEAD TO ‘MOST IMAGINATIVE’ WORK EVER PRODUCED: TOPAZ LABS CEO , for instance, could see an increase of anywhere from $200 billion to $340 billion a year, while retail and consumer packaged goods could benefit to the tune of $400 billion to $660 billion by using generative AI.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Synthesia: Generative AI startup raises $90m at unicorn valuationGenerative AI startup Synthesia just raised $90 million in fresh funds from US fund Accel and Nvidia at a $1 billion valuation
Source: BusinessInsider - 🏆 729. / 51 Read more »