“Making generative AI work for you. It’s probably no surprise that generative AI — which has taken the world by storm since the launch of ChatGPT — is front of mind. Over the past year, there’s been a ton of hype around innovations in the space — from a host of new chatbots to image…
Tag: McKinsey
Generative AI: Three Key Factors That Will Elevate It Beyond The Hype
McKinsey report: Two AI trends top 2022 outlook
“In a 2021 McKinsey Global Survey on the state of AI, 56% of respondents said their organizations had adopted AI, up from 50% in the 2020 survey.” https://venturebeat.com/ai/mckinsey-report-two-ai-trends-top-2022-outlook/amp/
McKinsey Values Metaverse At $5T Economy By 2030, As Much As $206B From Advertising
“Within its $5 trillion tally, McKinsey predicts ecommerce will be the largest economic contributor (between $2.0 trillion and $2.6 trillion), followed by “virtual learning” ($180 billion to $270 billion, advertising ($140 billion to $206 billion), and gaming ($108 billion to $125 billion) McKinsey found nearly six in ten consumers (59%) were actively engaging in metaverse…
Managing the risks and returns of intelligent automation
“Step 1. Establish a dedicated intelligent-automation risk-return center of excellence Step 2: Identify and prioritize opportunities for end-to-end optimization and business simplification Step 3. Develop a robust framework to integrate technology solutions across the end-to-end value chain Step 4: Assess AI and automation risks Step 5. Design a framework and infrastructure to monitor risk and…