Keep pulling the thread on Tanguy Catlin.
Tanguy Catlin predicts that AI agents will be used by consumers to automatically search for and switch to better products and services, such as insurance policies, when their current ones are up for renewal.
Approximately 53% of activities currently performed by workers could be automated using technology available today.
McKinsey research suggests that for companies to gain a competitive advantage with AI, executives must focus on product and service innovation rather than just efficiency gains.
Platforms like ChatGPT are emerging as new channels for 'agent e-commerce', allowing consumers to research and transact for products such as insurance.
In the book 'Rewired', McKinsey advises companies to focus AI deployments on specific high-value domains and redesign processes to capture value, rather than applying technology on top of existing processes.
AI is currently transforming the research and development process within the pharmaceutical industry.