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ARTICLE · 19 OCTOBER 2023

Top GenAI Use Cases And 'No-Regret' Moves

The market is booming for artificial intelligence (AI). Inflationary pressure and interest rates driving the cost of capital are among the current economic realities growing the appetite to mine our businesses for efficiencies.

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The market is booming for artificial intelligence (AI). Inflationary pressure and interest rates driving the cost of capital are among the current economic realities growing the appetite to mine our businesses for efficiencies.

Generative AI (GenAI) has provided the impetus for businesses to realise the power of AI to transform entire families of tasks and job functions. With our proprietary GenAI Impact Index, we looked at the tasks that underpin 8,000+ job families, assessed the extent that elements, repetitive tasks within those roles could be augmented, accelerated or innovated with emerging AI capabilities. This approach is not new. It started with Henry Ford's production process and has expanded beyond factories to offices. Recent thought leadership on the future of work estimates between 83 and 300 million jobs will be affected over the next five to 10 years, as reported by the World Economic Forum and Goldman Sachs.

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