Posts Tagged 'McKinsey'

AI and the Costs of Late Adoption

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The McKinsey Global Institute has released an 80-page “discussion paper” entitled Artificial Intelligence: The Next Digital Frontier?

 Needless to say, the question posited in the title is a straw man, as the research results indicate clearly both the current rush toward AI-powered innovations and the business advantages early adopters are experiencing. The report is appropriately wide-ranging, covering the dynamics of profit gains for early-mover enterprises, estimating “windows of opportunity” in the market and the capabilities required to seize them, and, not ...

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McKinsey on the State of AI and the Costs of Late Adoption

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The McKinsey Global Institute has released an 80-page “discussion paper” entitled Artificial Intelligence: The Next Digital Frontier?

Needless to say, the question posited in the title is a straw man, as the research results indicate clearly both the current rush toward AI-powered innovations and the business advantages many early adopters are experiencing. The report is appropriately wide-ranging, covering profit-boosting for enterprises, estimating “windows of opportunity” in the market and the capabilities required to seize them, and, not least, considerations of re-skilling ...

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McKinsey On Workplace Automation & AI

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A new McKinsey Global Institute study examines the degree to which automation technology will impact “jobs, organizations, and the future of work.” The study will run into 2016, but an interim report released recently already provides plenty of profound data points for executives and workers alike to consider. Stunningly, for example, the McKinsey researchers conclude that currently demonstrable technologies have the potential to automate 45% of the activities workers are paid to perform. In an unusual but insightful twist, their ...

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