AI's Impact on Global Economy: Mapping the Revolution
Unlocking the Potential of Artificial Intelligence in Economics
Researching the Transformative Effects
Artificial intelligence (AI) has emerged as a transformative force in the global economy. To understand its impact, the McKinsey Global Institute examined five broad categories of AI. The study reveals vast potential for AI to contribute to global economic activity.
Surveying the Landscape
Our research charted the use and discussion of AI in economics over time, place, and sector. This analysis provides insights into the varying adoption rates and areas of focus in different industries and regions.
AI's Economic Implications
The course introduces cutting-edge research on the economics of AI and its implications for economic growth and labor markets. We review the substantial evidence of AI's impact on the economy, including advancements in robotics.
Forecasts for Generative AI
Forecasts suggest that generative AI could further boost the global economy by $171 to $256 trillion, building on earlier estimates.
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