AI Shapes Global Economic Productivity Gains

Mashreq group head of Technology, Transformation & Information argues AI has reached a pivotal stage, with McKinsey reporting 78% of organizations using AI and generative AI potentially raising banking productivity by 2.8–4.7% of revenues. The op-ed highlights generative AI's estimated $2.6–$4.4 trillion cross-industry value and urges investment in reskilling, governance, and responsible adoption to capture inclusive economic growth.