Productive AI
While the hype around new generative AI services like chatbots and image generation tools will likely fade, AI holds great promise to enhance robotics, industrial design, cyber security, and the internet of things. Notably, commercial AI applications are already hard at work doing mundane and repetitive tasks like data processing and energy management. We expect a proliferation of AI-enhanced software tools as developers race to incorporate the technology into existing applications and build new ones. Furthermore, a jump in AI investments has been a boon for high-performance semiconductors and related software development tools. To read more about the outlook for enterprise AI and adjacent technologies, please see our recent paper, 5 digital innovations to shape a new era of growth.
Source: McKinsey, 2022