https://aifaultline.com/authors/michael-chui/New papers by Michael Chui in the AI Fault Line guide, and news naming them. https://aifaultline.com/research/p/title-8eb5621fccffbc7f/https://aifaultline.com/research/p/title-8eb5621fccffbc7f/Sun, 01 Jan 2023 00:00:00 +0000McKinsey Global Institute estimates that generative AI could add $2.6 to $4.4 trillion a year in value across 63 business use cases, with about three quarters of it in customer operations, marketing and sales, software engineering and R&D. It also projects that generative AI and other technologies could automate work activities absorbing 60 to 70% of employees' time today. https://aifaultline.com/research/p/title-052d5309abfc2052/https://aifaultline.com/research/p/title-052d5309abfc2052/Tue, 28 Nov 2017 00:00:00 +0000McKinsey Global Institute models automation scenarios to 2030 across 46 countries and 800 occupations. It estimates that 400 to 800 million workers worldwide could be displaced by automation, while demand growth could create enough new jobs to offset this if workers can move between occupations.