According to McKinsey & Company, generative AI could add $2.6 trillion to $4.4 trillion annually, transforming both operations and revenues across various sectors.
Generative AI tools can significantly elevate employee productivity by automating work activities that currently consume 60 to 70 percent of employees' time.
Retailers are utilizing generative AI to enhance operational efficiency—producing product descriptions, marketing content, and leveraging AI for customer interactions.
This technology not only automates operations but also promotes revenue growth through better SEO, comprehensive consumer profiles, and improved marketing engagement strategies.
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