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.”


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