generative AI

In a little over a year, generative AI has shapeshifted from fringe concept to must-have for many companies. According to McKinsey, 65% of organizations regularly use the technology in at least one function in 2024, a proportion that had doubled since its previous survey just 10 months prior. It’s no surprise, given AI’s attractive efficiency and…

When it comes to AI’s impact on the global economy, the projections are staggering.  Generative AI could inject up to the equivalent of $4.4 trillion annually into the world economy, according to McKinsey. PwC puts AI’s potential contributions to the globe’s coffers at $15.7 trillion by 2030 — more than China’s and India’s current output combined…