Skip to content

Research

The Economic Potential of Generative AI: The Next Productivity Frontier

Michael Chui · McKinsey Global Institute · 1 Jan 2023

Read original source

Where this sits in the debate

Direction of the finding as read from the abstract by an AI model (AI-written).

Key takeaway AI-written

McKinsey 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.

About this publication

Industry report. An industry or consultancy report — produced outside academic peer review.

Published
2023 (46 months ago)
Citations
Not recorded for this source
2020202120222023202420252026 published

□ added to this collection in 2026.

Michael Chui signed the wemustactnow.ai letter — part of why this paper is in the collection.

More on this topic

Related by theme, not necessarily by method or conclusion.

Overview assembled automatically from collected metadata. How this site is built.