Management consulting firm McKinsey & Co stated that artificial intelligence could dominate more than 50 percent of the business sector by 2045.
Artificial intelligence has become one of the most popular technologies of the last period. Among the rapidly developing and constantly updated technological innovations, the progress of artificial intelligence draws attention. In addition, artificial intelligence is criticized by some with the idea that it will replace humanity.
Management consulting firm McKinsey & Co presented a stunning report. According to this report, artificial intelligence will come to the fore in many business sectors in just 22 years.
Will Artificial Intelligence Take People’s Jobs?
In its new report, McKinsey & Co said that artificial intelligence will be able to perform tasks such as decision-making and interacting with stakeholders. Stating that artificial intelligence can be included in many job descriptions, McKinsey & Co explained what can happen in the progress of new technology.
The management consulting firm said generative AI could gain remarkable momentum in service operations, as well as in marketing and sales. In addition, artificial intelligence has a remarkable ability in software engineering.
The company claimed that the massive dominance that artificial intelligence will establish in the business sector will happen ten years earlier. McKinsey & Co, which previously pointed to 2053, pointed to 2045 in its newly published report. McKinsey & Co estimates that 50 percent of jobs will be automated and transferred to artificial intelligence by this date.
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