Generative AI will have a much greater impact on U.S. productivity if adapted in early scenarios rather than later scenarios. This is consistent with the overall requirement to shift labor hours to more effective use as automation increases between 2022 and 2040. The U.S. would see nearly a doubling of productivity growth in the late automation scenario with the use of generative AI.
Influence of generative artificial intelligence (AI) on productivity growth in the United States from 2022 to 2040
(in CAGR)
The source adds the following information: "Based on the assumption that automated work hours are reintegrated in work at productivity level of today" and "Figures may not sum due to rounding".
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McKinsey & Company. (June 14, 2023). Influence of generative artificial intelligence (AI) on productivity growth in the United States from 2022 to 2040 (in CAGR) [Graph]. In Statista. Retrieved October 13, 2024, from https://www.statista.com/statistics/1411592/productivity-impact-gen-ai-automation-us/
McKinsey & Company. "Influence of generative artificial intelligence (AI) on productivity growth in the United States from 2022 to 2040 (in CAGR)." Chart. June 14, 2023. Statista. Accessed October 13, 2024. https://www.statista.com/statistics/1411592/productivity-impact-gen-ai-automation-us/
McKinsey & Company. (2023). Influence of generative artificial intelligence (AI) on productivity growth in the United States from 2022 to 2040 (in CAGR). Statista. Statista Inc.. Accessed: October 13, 2024. https://www.statista.com/statistics/1411592/productivity-impact-gen-ai-automation-us/
McKinsey & Company. "Influence of Generative Artificial Intelligence (Ai) on Productivity Growth in The United States from 2022 to 2040 (in Cagr)." Statista, Statista Inc., 14 Jun 2023, https://www.statista.com/statistics/1411592/productivity-impact-gen-ai-automation-us/
McKinsey & Company, Influence of generative artificial intelligence (AI) on productivity growth in the United States from 2022 to 2040 (in CAGR) Statista, https://www.statista.com/statistics/1411592/productivity-impact-gen-ai-automation-us/ (last visited October 13, 2024)
Influence of generative artificial intelligence (AI) on productivity growth in the United States from 2022 to 2040 (in CAGR) [Graph], McKinsey & Company, June 14, 2023. [Online]. Available: https://www.statista.com/statistics/1411592/productivity-impact-gen-ai-automation-us/