A top McKinsey exec shares what keeps him up at night and why he says AI is the solution
Source: Business Insider ·
McKinsey's Eric Kutcher says AI could help lift US growth and ease national debt. Energy constraints might limit data-center expansion, however.
From the source
Eric Kutcher, North America chair at McKinsey & Company, said concerns about the US debt levels keep him up at night.Jemal Countess/Getty Images for Fortune MediaMcKinsey's Eric Kutcher says AI could help lift US productivity and GDP growth.The firm's North America chair called AI a potential "magic bullet" for reducing the nation's debt.Yet Kutcher warned that energy constraints could cut projected data-center capacity by 25% to 30%.A top McKinsey & Company executive said AI offers the best hope for easing the US debt burden.Eric Kutcher, a senior partner and chair of McKinsey North America, said Wednesday that the technology could lift the nation's productivity and help push US GDP growth closer to 4%. Real GDP grew at a 2.2% annualized pace in the second quarter, according to the latest government estimate."That would be the magic bullet," he told reporters at the firm's media day in New York.Kutcher made the statement in response to a question about what he hopes AI could solve…