Source: McKinsey Global Surveys on the state of AIOrganizations are also using AI in more business functions than in the previous State of AI survey. For the first time, most survey respondents report the use of AI in more than one business function (Exhibit 9). Responses show organizations ...
Artificial intelligence (AI) has the potential to deliver real value in the Middle East’s Gulf Cooperation Council (GCC) countries—as much as $150 billion, according to McKinsey research.1,” McKinsey, July 25, 2022. That’s equivalent to 9 percent or more ...
Duringtheboomyearsof2022and2023,higher volatilityspurredadramaticincreaseinindustry margins.Thisattractedanumberofnewentrantsincommoditytradingandmotivatedmanyincumbentstogrowtheirexistingtradingcapabilities.As marginscompressedin2024,tradersfaced increasedpressureandhighercompetition.Despitetheserecentdevelopments,longer-term...
presentingamorenuancedmarketenvironment.declinefromrecord-breakinghighsin2022,when Thecontinuinglong-termgrowthtrendofmarginsmorethandoubledhistoricalaverages. commoditytradingvaluepoolsunderabusiness-Oilpricevolatilityalsodeclinedin2024compared as-usualscenarioshowsatrajectorythatcouldwiththepreviousyear.However,variousfacto...
machine learning accelerates and derisks the development of machinelearning solutions. Applied AI and industrializing machine learning, boosted by the widening interest in gen AI, have seen the most significant uptick in innovation, reflected in the surge in publications and patents from 2022 to 2023...
Those at which at least one-quarter of AI development employees are racial or ethnic minorities are more than twice as likely to be AI high performers.About the researchThe online survey was in the field from May 3 to May 27, 2022, and from August 15 to August 17, 20...
Those at which at least one-quarter of AI development employees are racial or ethnic minorities are more than twice as likely to be AI high performers.About the researchThe online survey was in the field from M...
Source: McKinsey Global Surveys on the state of AIOrganizations are also using AI in more business functions than in the previous State of AI survey. For the first time, most survey respondents report the use of AI in more than one business function (Exhibit 9). Responses show organizations ...
Those at which at least one-quarter of AI development employees are racial or ethnic minorities are more than twice as likely to be AI high performers.About the researchThe online survey was in the field from May 3 to May ...
Those at which at least one-quarter of AI development employees are racial or ethnic minorities are more than twice as likely to be AI high performers.About the researchThe online survey was in the field from May 3 to ...