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Generative A.I., according to forecasts, could sharply boost productivity and add trillions of dollars to the global economy. In the 1990s, there were confident predictions that the internet and the web would disrupt the retailing, advertising and media industries. Those predictions proved to be true, but that was more than a decade later, well after the dot-com bubble had burst. Audio and video streaming technology became far better. “We’re going to see a similar gold rush this time,” said Vijay Sankaran, chief technology officer of Johnson Controls, a large supplier of building equipment, software and services.
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