CEOs and other senior executives hear that artificial intelligence (AI) has arrived. But with all the media hype, they often struggle to determine what it can really do and how to deploy it in their businesses. In fact, 41 percent of the 3,000 executives surveyed in a recent McKinsey Global Institute study admitted they've yet to adopt AI because they're unsure about how it can help their organization. But with AI showing real results for early adopters, it's clear the time to enact an AI strategy is now. To go deeper on these ten crucial issues, see the full article on HBR.org. Jacques Bughin is a senior partner in McKinsey's Brussels office and director of the McKinsey Global Institute, Michael Chui is a McKinsey Global Institute partner, and Brian McCarthy is a partner in McKinsey's Atlanta office.

In 2015, world leaders at the United Nations adopted 17 Sustainable Development Goals (SDGs) with the ambition by 2030 to end poverty, promote prosperity and well-being for all, and protect the planet. Technologies have long been seen as effective vehicles of growth, but the impact of recent forms like digitization, now morphing into artificial intelligence (AI), have been subject to debate. Tech-optimists believe that AI is the catalyst to a unique era of opportunity for many; skeptics argue that this optimistic view is far from warranted. Although digitization has created some prosperity, many digital divides remain. In the case of AI, many fear that it is a major substitute for work, replacing jobs that are often the only source of income for many citizens.

To gain competitive advantage from AI, leaders must consider the technology's current state prior to aligning their strategic goals with AI initiatives. Our webinar will help you do that and guide you toward getting the most out of AI's potential. Many business leaders are contemplating whether and/or how to introduce artificial intelligence into their organizations. The challenges of implementing AI are much discussed, but beyond implementation there is the far more important question: How do we generate competitive advantage from AI's application? Using industry examples and findings from the Institute's research, he offers strategies for how to get the most out of AI's potential.

All countries will feel the impact of automation, but at different speeds and in different ways. In this podcast, McKinsey Global Institute looks at its likely impact in China, Europe, and India. New technologies such as artificial intelligence and automation are reshaping the workplace globally. All countries will feel the impact in some way, shape, or form. In this episode for the McKinsey Global Institute's New World of Work podcast, MGI directors Jonathan Woetzel and Jacques Bughin and MGI partner Anu Madgavkar examine automation's likely impact in China, Europe, and India. I'm Peter Gumbel from the McKinsey Global Institute, and today we'll be taking a look at the quite different ways that new technologies like automation and artificial intelligence will affect work in different parts of the world. Specifically, we'll be looking at China, Europe, and India. These differences come about for a number of reasons that we explain in our new MGI report on the future of work, which is called Jobs lost, jobs gained: Workforce transitions in a time of automation. Among the reasons for these differences are different levels of economic development, different wage rates, and different potential for automation adoption in different economies. First, let's talk about China. Here to do so is Jonathan Woetzel, director of the McKinsey Global Institute, based in Shanghai. Jonathan, perhaps you can start by telling us where the Chinese workforce is at the moment.