In a groundbreaking study by McKinsey’s QuantumBlack artificial intelligence division, it was revealed that business adoption of AI has more than doubled over the past half-decade. 🚀
Five years ago, only 20% of organizations reported using AI in at least one business area. Fast forward to today, and that figure stands at an impressive 50%! 📈
But that’s not all. The average number of AI capabilities deployed by organizations has also doubled, ranging from natural-language generation to computer vision. 🤖
And the investment in AI? It’s on the rise too! Over half of respondents now allocate more than 5% of their digital budgets to AI initiatives. 🌟
The impact of AI is felt across various functions. While manufacturing and risk were early adopters, today, the biggest revenue effects are seen in marketing, sales, product development, and corporate strategy. 📊
So, buckle up—AI is reshaping the business landscape, and those who embrace it are reaping the rewards! 🌐💡
Learn more
1mckinsey.com2weforum.org3institute.bankofamerica.com4wire19.com
AI Riese 