The promise and challenge of the age of AI

Artificial intelligence promises considerable economic benefits, even as it disrupts the world of work. Three priorities will help achieve good outcomes. This new article is by James Manyika and Jacques Bughin of the McKinsey Global Institute. I hope you find it useful. The time may have finally come for artificial intelligence (AI) after periods of hype followed by several "AI winters" over the past 60 years. AI now powers so many real-world applications, ranging from facial recognition to language translators and assistants like Siri and Alexa, that we barely notice it. Along with these consumer applications, companies across sectors are increasingly harnessing AI's power in their operations. Embracing AI promises considerable benefits for businesses and economies through its contributions to productivity growth and innovation.