McKinsey's latest AI research predicts it could create trillions worth of value ... someday

McKinsey Global Institute's latest research on artificial intelligence focuses on how AI will affect business, analyzing 400 use cases -- from airlines avoiding flight cancellations to online retailers recommending items -- across 19 industries. In aggregate, McKinsey projects that AI could eventually drive between $3.5 trillion and $5.8 trillion of annual economic value in those industries -- a wide range, and with no timeline on that forecast. In general, AI -- once it is further integrated into business -- has the potential to drive growth. In 69 percent of the use cases McKinsey studied, "deep neural networks can be used to improve performance beyond that provided by other analytic techniques," according to the report. In the 19 industries McKinsey focused on for the report, it estimated the impact of AI somewhere between 1 percent and 12 percent of annual revenue.