McKinsey says generative AI could add $7.3 trillion in value to the world economy each year and believes half of today's work activities could be automated between 2030 and 2060.
The latest Bank of America survey in June showed 29% of global investors don't expect AI to increase profits or jobs.
"There's a lot of focus on the risks that generative AI can bring.
He sounded confident over the capacity of some professional information and data providers, which own proprietary data, to integrate generative AI into their products.
Cristina Matti, small and midcaps portfolio manager at Amundi, said indiscriminate investing was not an option for investors seeking AI exposure.
Persons:
Gilles Guibout, UK's Pearson, Chegg, Pearson, Thomas McGarrity, Andrea Scauri, Scauri, Capgemini, Cristina Matti, Danilo Masoni, Lucy Raitano, Chizu
Organizations:
Nvidia, McKinsey, AXA Investment, Bank of America, Microsoft, RBC Wealth Management, Accenture, Thomson
Locations:
MILAN, Europe, United States, Paris, Lemanik, Amundi