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NOTES FROM THE FRONTIER MODELING THE IMPACT OF AI ON THE WORLD ECONOMY : DISCUSSION PAPER Jacques Bughin, Jeongmin Seong, James Manyika, Michael Chui, Raoul Joshi

Contributor(s): Publication details: McKinsey Global Institute 2018Description: 61 p. tabl., gráfContent type:
  • texto (visual)
Media type:
  • electrónico
Carrier type:
  • recurso en línea
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Summary: Continuing the McKinsey Global Institute’s ongoing exploration of artificial intelligence (AI) and its broader implications, this discussion paper focuses on modeling AI’s potential impact on the economy. We take a micro-to-macro and simulation-based approach in which the adoption of AI by firms arises from economic and competition-related incentives, and macro factors have an influence. We consider not only the possible benefits but also the costs related to implementation and disruption.
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Continuing the McKinsey Global Institute’s ongoing exploration of artificial intelligence (AI) and its broader implications, this discussion paper focuses on modeling AI’s potential impact on the economy. We take a micro-to-macro and simulation-based approach in which the adoption of AI by firms arises from economic and competition-related incentives, and macro factors have an influence. We consider not only the possible benefits but also the costs related to implementation and disruption.

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