How Generative AI and Automation Will Impact the Future of Work

How Generative AI and Automation Will Impact the Future of Work

Generative AI, as revealed in McKinsey’s report “Generative AI and the future of work in America,” will bring about significant changes to jobs in the U.S. However, it is important to note that it will not completely replace employment opportunities for workers.

According to McKinsey, generative AI has the potential to increase labor production in the U.S. It could lead to an annual productivity growth of 0.5% to 0.9% through 2030. This growth is not only attributed to generative AI but also to other automation technologies. Taking all automation technologies into account, total productivity growth could reach 3% to 4% […]

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