McKinsey & Company‘s latest research estimates that generative AI could add the equivalent of $2.6 trillion to $4.4 trillion annually
To put that in perspective – the United Kingdom’s entire GDP in 2021 was $3.1 trillion.
Also, in terms of future of work, its highly likely that GenAI replaces tasks before jobs.
“Generative AI has the potential to change the anatomy of work, augmenting the capabilities of individual workers by automating some of their individual activities”
True value to orgs come from investing in longer term goals
And that requires being open to iterating through failures
Where are you in this path towards being an AI first?
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