Posted 1/15/2024, 11:45:52 PM
CEOs Predict Generative AI to Boost Profits and Productivity Over Next Year
- Generative AI seen boosting worker productivity and corporate profits over next 12 months according to PwC CEO survey
- 68% of US CEOs say generative AI will increase employee output; 64% globally
- Nearly 44% of CEOs expect generative AI to lift profits in the next year
- PwC Generative AI could enable "faster growth on a lower cost basis" post-recession
- Investors betting big on AI leaders like Nvidia amid rosy profit forecasts for 2024