Metaverse, crypto, AI and quantum lead tech investments: McKinsey

Leaders from McKinsey Technology Council, academia and industry, highlight AI, metaverse, crypto, and quantum computing as some of the key business priorities in 2022, according to a recent report. Predicting the trends that will headline business agendas this year as well as the ones that fly under business' radars, but need more attention, the leaders claim that investments in digital are expected to continue as the world manages continued impacts of the Covid disruption. Artificial intelligence (AI) and Machine Learning (ML) Businesses are expected to continue to invest in AI and ML through a process known machine learning operations (MLOps), whereby they can create an operating system that streamlines the production and maintenance of machine learning models. According to Rodney Zemmel, senior partner at McKinsey & Company, "MLOps provides the opportunity to create an operating system of people and technology that can make the process of creating each new application dramatically easier, helping to enable the whole business." Michael Chui, partner at McKinsey Global Institute believes that MLOps will allow businesses to deploy AI more cost effectively and at scale, as a point of competitive advantage.