The Impact of AI on Higher-Wage Knowledge Workers and the Global Economy.
TL;DR Summary
McKinsey's analysis shows that generative AI tools like ChatGPT could boost the global economy by $4.4tn and labor productivity growth by up to 0.6% annually through 2040. However, it will cause significant disruption in jobs held by "higher-wage knowledge workers" whose roles were "previously considered to be relatively immune to automation." Workers with a master's degree or doctorate could see 57% of their tasks automated through generative AI, according to McKinsey's findings.
- AI to cause profound job shakeup for 'higher-wage knowledge workers,' firm finds New York Post
- Biggest Losers of AI Boom Are Knowledge Workers, McKinsey Says Bloomberg
- Generative A.I. Can Add $4.4 Trillion in Value to Global Economy, Study Says The New York Times
- McKinsey checks in on for whom the bell tolls Financial Times
- AI productivity boost will hit banks, retail first, study finds Axios
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