The energy transition would be a physical transformation on a massive scale. Here are ten realities that must be confronted for it to succeed. Source: McKinsey Ten physical realities the energy transition must tackle

AI-powered chatbots are being deployed by companies to handle everything from booking travel to helping shoppers choose the right outfit. What makes some more effective than others? …Read More Source: Knowledge @ Wharton Tired of Chatbots? Here’s How They Could Improve

As models like GPT-4 and Claude get better at mimicking humans, Penn and Northwestern researchers offer a new way to test watermarking — the hidden markers used to identify machine-made text.…Read More Source: Knowledge @ Wharton Can We Still Detect AI-generated Content?

Turkish Employers Association of Metal Industries partnered with McKinsey to establish MEXT, a tech center that equips manufacturers with digital transformation tools and strategies. Source: McKinsey How Türkiye is transforming into a digital and sustainable manufacturing hub

Healthy organizations with sound company cultures outperform unhealthier ones. Leaders in Southeast Asia have the opportunity to boost organizational health in some practices to increase performance. Source: McKinsey Unlocking Southeast Asia’s secret to thriving organizations

AI is fueling high demand for compute power, spurring companies to invest billions of dollars in infrastructure. But with future demand uncertain, investors will need to make calculated decisions. Source: McKinsey The cost of compute: A trillion dollar race to scale data centers

Changing demographics are triggering labor shortages. The solution may lie in automation that augments workers and makes them more productive, as well as reskilling and supportive government policies. Source: McKinsey Empowering the US workforce

Wharton associate professor discusses the rising political pressure on the Federal Reserve and what it means for U.S. economic policy.…Read More Source: Knowledge @ Wharton The Fight for Fed Independence in a Politicized Economy

Mental and substance use disorders are on the rise, alongside other noncommunicable diseases. Investing in mental health interventions could help individuals reclaim years of healthy life and boost the global economy by up to $4.4 trillion in 2050. Source: McKinsey Investing in the future: How better mental health benefits everyone

State and local governments in the United States often face a host of funding and workforce challenges, but taking six actions can boost operating performance. Source: McKinsey Capturing performance opportunities in US state and local governments