13min chapter

The McKinsey Podcast cover image

The ups and downs of global productivity

The McKinsey Podcast

CHAPTER

Boosting Investments and Digital Transformation for Increased Productivity

The chapter delves into the importance of investing in digital transformation to boost productivity, particularly through the integration of generative AI in the workforce. It discusses the historical waves of global productivity growth, anticipates a third wave driven by intelligent machines and automation, and considers the impact of General AI on various job sectors. The conversation emphasizes the need for job transitions, retraining, and inclusive economic strategies to ensure that advancements in AI benefit everyone.

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