Check out these key statistics and insights on the potential benefits of leveraging and implementing AI for small and medium-sized businesses, highlighting both macroeconomic impacts and microeconomic efficiencies.
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Generative AI could add between $2.6 and $4.4 trillion annually to the global economy, significantly increasing the economic impact of AI as a whole by 15 to 40%. (Source: MIT Technology Review Insights)
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Goldman Sachs predicts a 7% increase in global GDP, nearly $7 trillion, attributable to generative AI, with two-thirds of U.S. occupations affected by AI-powered automation. (Source: MIT Technology Review Insights)
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Only 14% of organizations aimed to achieve 'enterprise-wide AI' by 2025 before the advent of generative AI, indicating initial conservative ambitions that are now set to change dramatically. (Source: MIT Technology Review Insights)
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McKinsey projects that AI could automate activities that currently consume 60 to 70% of worker time, up from 50% before generative AI, significantly enhancing workforce efficiency across industries. (Source: MIT Technology Review Insights)
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