According to a Wharton AI study, enterprise adoption is rising
According to Wharton's annual enterprise AI research, which polled around 800 top decision-makers at American organizations, the use of AI is increasing, budgets are expanding, and businesses are becoming more optimistic about the technology.
The specifics:
Data analysis and analytics, meeting summaries, creating presentations and reports, marketing material, and brainstorming were the top AI business jobs.
The most popular tools are ChatGPT and Microsoft Copilot, which are followed by Gemini, Meta AI, custom or organization-specific models, and Amazon Q.
88% of organizations aim to boost their budgets in the upcoming year, and over 3/4 of them currently analyze AI ROI using indicators like productivity gains and incremental profit.
60% of businesses now designate Chief AI Officers, and C-suite ownership of AI strategy increased by 16 percentage points year over year.
These are just a few highlights from an extensive research full of fascinating insights. Despite the pessimism around the loss of AI jobs and lack of returns, the numbers (3/4 seeing ROI) and company sentiment appear to be more optimistic than headlines may suggest.