, APAC
126 views
Source: Mckinsey

How much generative AI could impact public sector productivity

Gen AI’s productivity impact on the public sector and adjacent industries is worth $480b.

Generative Artificial Intelligence could drive the productivity of the public sector and adjacent industries by up to $480b, Mckinsey reported. 

Mckinsey projected that generative AI’s impact on productivity could add a total of $3.44t across various sectors. 

In the public and social sectors alone, generative AI could have a productivity effect worth $100b, while its productivity impact in the healthcare and education sectors is worth $200b, and $180b, respectively. 

“Gen AI offers government leaders unique opportunities to steer national economic development,” Mckinsey reported. 

“At the same time, they face the heavy burden of monitoring the technology’s downsides and establishing robust guidelines and regulations for its use.”

 

Join GovMedia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!