McKinsey’s new report, “The race to deploy AI in the US and the EU,” reveals that by 2030, Europe could require up to 12 million occupational transitions to gain the full productivity benefits of generative AI and other technologies.
Businesses in the US and EU will need a substantial skills upgrade, not only for advanced IT and data analytics but also for critical thinking, creativity, and teaching and training.
The study indicates that generative AI could automate and enhance up to 30% of the current workload. It also outlines four key priorities for business leaders to focus on to ensure the successful implementation of automation technologies within their organizations.
