Our pals over at Infosys Information Institute launched its Generative AI Radar report offering perception into over 1,000 U.S. and Canadian companies on the present state of generative (gen) AI implementation and early indications of its means to ship worth.
The research exhibits that organizations are severe about gen AI as mirrored of their investments; nevertheless, many face a troublesome yr forward with quite a few obstacles on the horizon: the following stage of the AI-hype cycle, knowledge & privateness challenges, and moral issues. The research discovered that corporations with greater than $10 billion in income usually tend to undertake gen AI. Regardless of heavy regulation, adoption ranges are highest amongst healthcare, life sciences, and monetary service industries.
Key findings embrace:
- US and Canadian corporations will make investments $5.6 billion in generative AI tasks within the subsequent 12 months, up 67% from $3.3B.
- 73% of corporations with over $10 billion in income have applied generative AI options, in comparison with lower than 38% of smaller corporations.
- Solely 13% of corporations determine content material creation and creativity as generative AI’s most impactful space.
- 88% of corporations anticipate income to be positively impacted by generative AI.
- 26% of corporations cite knowledge privateness and safety as their major problem, whereas 23% record knowledge usability as their essential problem.
See the complete report right here
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