Michael Chui

4 days ago | bis.org | Ryan Banerjee |Jon Frost |Michael Chui

BIS Bulletin | No 101 | Today's two-tier monetary system performs a crucial role: providing money in an elastic way through overdrafts and lines of credit in the face of uncertainty and unforeseen shocks. During the Covid-19 pandemic, such elasticity allowed central banks and commercial banks to provide a discretionary increase in the money supply to manage global shocks.

2 months ago | mckinsey.org | Alex Singla |Alexander Sukharevsky |Lareina Yee |Michael Chui

Organizations are beginning to create the structures and processes that lead to meaningful value from gen AI. While still in early days, companies are redesigning workflows, elevating governance, and mitigating more risks. Organizations are starting to make organizational changes designed to generate future value from gen AI, and large companies are leading the way.

Jan 28, 2025 | mckinsey.com | Hannah Mayer |Lareina Yee |Michael Chui |Roger Roberts

Artificial intelligence has arrived in the workplace and has the potential to be as transformative as the steam engine was to the 19th-century Industrial Revolution. With powerful and capable large language models (LLMs) developed by Anthropic, Cohere, Google, Meta, Mistral, OpenAI, and others, we have entered a new information technology era. McKinsey research sizes the long-term AI opportunity at $4.4 trillion in added productivity growth potential from corporate use cases.

Nov 19, 2024 | researchgate.net | Klaus Schwab |Michael Chui |Daniel Susskind |Melanie Arntz |Terry Gregory |Ulrich Zierahn | +8 more

PDF | The rapid advancement of artificial intelligence (AI) technologies [1] is reshaping knowledge work across numerous sectors. AI brings not only... | Find, read and cite all the research you need on ResearchGate

Oct 23, 2024 | mckinsey.com | Chris Bradley |Michael Chui |Kevin Russell |Kweilin Ellingrud

The research was led by Chris Bradley, McKinsey senior partner in the Sydney office and a director of the McKinsey Global Institute (MGI); Kweilin Ellingrud, an MGI director; Michael Birshan, a member of the MGI Council and a senior partner based in London; Michael Chui, a QuantumBlack senior fellow in the Bay Area office; and Kevin Russell, an MGI senior fellow based in the Charlotte office.