The global economy is on the verge of a technological revolution as companies and organizations embrace generative artificial intelligence. We think this technology, which is still in its infancy, will change the world the way the Renaissance did 400 years ago.
To better understand what is happening, this month's issue of The Real Economy explores the impact of artificial intelligence on middle market businesses and the economy. RSM’s chief economist, Joseph Brusuelas, starts with a look at the three pillars of artificial intelligence: machine learning, generative AI and artificial general intelligence. RSM’s U.S. economist, Tuan Nguyen, then examines its profound impact on productivity.
But how can middle market companies create and capture value from AI? RSM’s Seth Bacon provides some guidelines.