Multiple forces are set to fuel growth in certain occupations and erode jobs in others. They generally fall into three categories: automation, including generative AI; an injection of federal investment into infrastructure and the net-zero transition; and long-term structural trends such as aging, ...
Generative AI could offer the pharma industry a once-in-a-century opportunity—but only if they learn to scale it and address the industry’s unique challenges.
generative AI could assist with the initial discovery of drug candidates in a high-throughput, low-cost setting. The McKinsey report found that generative AI
Europeandbeyond,portendinganewfutureofwork.AIcanaddresschangesinemploymentdemandlinkedtoeffortstoachievenet-zero emissions,anagingworkforce,andgrowthine-commerce,butitalsowillrequirenewskills.Inamidpointadoptionscenarioaccelerated bygenerativeAI,upto30percentofcurrent hoursworkedcouldbeautomatedby2030. Acceleratedtech...
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The McKinsey Global Institute has estimated that across wholesale and retail banking, generative AI could add between $200bn and $340bn in value. So far, corporate and investment banks are using generative AI for new product development to accelerate software delivery; to extract, search, and sum...
Innovation has accelerated in the three trends that are part of the “AI revolution” group: generative AI, applied AI, and industrializing machine learning. Gen AI creates new content from unstructured data (such as text and images), applied AI leverages machine learning models for analytical ...
risk related to natural disasters. Last, evolving technology—particularly AI and generative AI—will enable carriers to rethink and innovate the end to end value chain. 1 Global 2023 GDP and premiums were calculated assuming xed 2022 exchange rates (to convert GDP and premiums rom local currencies...
The rise of generative AI (gen AI) A large percentage of data is unstructured, which previously made it hard to standardize, reformat and share without investing in expensive tools and processes. The rise of gen AI, particularly of Large Language Models (LLMs) trained on internal data, makes...
Last, evolvingtechnology—particularlyAI and generativeAI—will enablecarriers to rethink and innovatethe end-to-endvalue chain. 1 Global 2023 GDP and premiumswere calculated assumingfixed 2022 exchange rates (to convert GDP and premiumsfrom local currenciesto US dollars)forthe purposes of measuring ...