Generative AI has taken the world by storm. Economists expect the technology to contribute to global GDP and productivity growth. How big will the effects of generative AI be? And what will firms have to do to realize the potential?

The McKinsey Global Institute has published The Economic Potential of Generative AI: The Next Productivity Frontier, which highlights generative AI’s potential trillion-dollar impact on the global economy, the industries that will draw the biggest value from generative AI, and what these implications mean for the workforce at large.

Dr. Michael Chui, co-author of the report and Partner at McKinsey Global Institute joins Center Director Vijay Gurbaxani in a conversation about their findings.