78 Artificial Intelligence Statistics and Trends for 2024

The property of artificial quality is genuinely here.

In 2023, we saw a bid of monumental developments successful the satellite of AI—from the motorboat of OpenAI’s GPT-4 to Google’s rollout of AI-powered search.

And aft a twelvemonth of specified drastic technological changes, businesses of each sizes are wondering to what grade they should thrust the AI wave. 

Today, we’ll research the astir up-to-date artificial quality stats to assistance you determine if it’s clip for your concern to clasp AI. 

Most Important AI Statistics

1. AI could adhd a staggering $25.6 trillion to the world’s system (McKinsey, 2023)
2. Two-thirds of jobs could beryllium partially automated by AI. But galore of these jobs volition beryllium complemented by AI, not substituted by it. (Goldman Sachs, 2023)
3. In 2023, the planetary AI marketplace size was adjacent to $208 billion. By 2030, the marketplace size is expected to scope astir $2 trillion (Statista, 2023)

4. In 2023, the planetary AI marketplace was valued astatine $142.3 cardinal (Statista, 2023)
5. Seventy-three percent of U.S. companies usage AI successful immoderate facet of their concern (PwC, 2023)
6. Over 25% of investments successful American startups went to an AI-related institution successful 2023. By comparison, artificial quality startups received astir 12% of full backing betwixt 2018 and 2022. (Crunchbase, 2023)
7. Following its merchandise successful November 2022, ChatGPT reached implicit a cardinal users successful 5 days and 100 cardinal users wrong 2 months. This made it the fastest-growing user app ever astatine the clip (a grounds since beaten by Facebook’s Threads app). (Statista, 2023)
8. Fifty-four percent of companies had utilized generative AI successful their concern by November 2023—just 1 twelvemonth since ChatGPT was released (PwC, 2023)
9. OpenAI (the institution down ChatGPT) is seeking a valuation of up to $90 cardinal arsenic of October 2023 (New York Post, 2023)
10. Over 20% of generative AI users are 25- to 34-year-olds (Insider Intelligence. 2023)

Key Takeaways

These stats underscore that the accelerated maturation of the AI marketplace is acceptable to proceed for the foreseeable future, perchance adding tens of trillions of dollars to the planetary economy. 

AI adoption is already remarkably wide among U.S. businesses. And though AI volition apt interaction astir workers directly, it remains to beryllium seen to what grade this caller exertion volition augment oregon regenerate people's jobs. 

AI Statistics for Business

11. Organizations estimation that 34% of each business-related tasks contiguous are performed by machines (World Economic Forum, 2023)
12. On average, businesses tin expect a 6% to 10% gross summation from adopting AI (Statista, 2023)
13. AI could summation labour productivity maturation by 1.5 percent points implicit the adjacent decennary (Statista, 2023)
14. Over 80% of Fortune 500 companies had adopted ChatGPT wrong their concern by August 2023 (OpenAI, 2023)
15. Forty-six percent of American companies person saved betwixt $25,000 and $70,000 by utilizing ChatGPT (Statista, 2023)

16. In October 2023, 55% of organizations were piloting oregon implementing generative AI solutions (Gartner, 2023)
17. In July 2023, 79% of firm strategists said that exertion similar artificial quality would beryllium captious to their occurrence successful the adjacent 2 years (Gartner, 2023)
18. Fifty percent of strategical readying and execution activities could beryllium automated, according to strategists. Currently, lone 15% of specified activities are automated. (Gartner, 2023)
19. The planetary marketplace size for AI successful manufacturing was $5 cardinal successful 2023 and is forecast to scope $68 cardinal by 2032 (Precedence Research, 2023)
20. The planetary marketplace size for AI successful telecommunication was $1.45 cardinal successful 2022. It’s expected to turn astatine a compound yearly maturation complaint of 28.2% from 2023 to 2030 (Grand View Research, 2023)
21. The retail AI marketplace is expected to turn astatine a compound yearly maturation complaint of 30% from 2023 to 2030 (Global Market Insights, 2023)
22. One-fifth of each industries usage artificial quality crossed work operations and firm concern (Statista, 2023)
23. Over 30% of fiscal services companies usage AI successful merchandise improvement (Statista, 2023)
24. Automation successful the acquisition assemblage is expected to summation threefold with the usage of AI (Statista, 2023)
25. The marketplace size for AI successful information was $21 cardinal successful 2023 and is forecast to scope implicit $50 cardinal by 2028 (Mordor Intelligence, 2023)
26. The wearable AI marketplace was valued astatine $20 cardinal successful 2023 and is expected to scope $230 cardinal by 2033 (Fact MR, 2023)

Key Takeaways

These stats uncover however businesses crossed assorted industries person already adopted AI to heighten ratio and summation profitability. AI is acceptable to thrust important productivity gains implicit the coming years, starring to important marketplace maturation crossed a divers scope of sectors.

AI Adoption Statistics and the Job Market

27. Existing AI technologies tin automate tasks that sorb betwixt 60% and 70% of workers’ clip contiguous (McKinsey, 2023)
28. Around 80% of U.S. workers could person astatine slightest 10% of their enactment affected by generative AI. 19% of the workforce could spot much than fractional of their enactment affected. (OpenAI, 2023)
29. AI adoption could pb to astatine slightest 20% of endeavor employees needing to beryllium reskilled (Statista, 2023)
30. Data absorption positions are apt to spot the biggest interaction from AI. Around 90% of information processing positions and 80% of information postulation positions volition apt go automated owed to generative AI. (Statista, 2023)
31. At 78%, ineligible occupations are the U.S. jobs astir influenced by generative AI (Forrester, 2023)
32. Fifty-two percent of employed U.S. adults are acrophobic AI volition regenerate their jobs (Mitre, 2023)
33. Forty-seven percent of businesses see utilizing AI implicit hiring caller employees (Tech.co, 2023)

34. One successful 3 businesses could regenerate employees with AI successful 2024 (Resume Builder, 2023)
35. Ninety-six percent of companies hiring successful 2024 accidental candidates with AI skills volition beryllium astatine an vantage (Resume Builder, 2023)

Key Takeaways

AI is already having a profound interaction connected the occupation market, with galore companies preferring to follow AI solutions implicit hiring caller employees. This inclination looks acceptable to proceed arsenic AI technologies automate much and much quality tasks. Many workers volition beryllium forced to retrain to accommodate to the evolving occupation landscape, including acquiring caller AI skills.

AI Marketing Statistics

36. In 2023, 37% of radical moving successful advertizing oregon selling successful the U.S. had utilized AI astatine enactment (Statista, 2023)
37. Fourteen percent of concern leaders regularly usage generative AI successful selling and income (McKinsey, 2023)
38. Sixty-seven percent of marketers judge that expanding the adoption of selling automation is captious for acquiring and retaining customers (Mailchimp, 2023)
39. Eighty-eight percent of marketers accidental they request to summation the usage of automation and AI to conscionable lawsuit expectations and enactment competitory (Mailchimp, 2023)
40. Almost 20% of selling professionals person spent much than 40% of their selling fund connected AI-driven campaigns (Influencer Marketing Hub, 2023)
41. Forty-four percent of businesses person used AI to constitute content (Influencer Marketing Hub, 2023)

Key Takeaways

AI is rapidly gaining traction successful the selling sector. Many marketers admit AI’s worth successful streamlining lawsuit acquisition, enhancing run effectiveness, and adapting to evolving lawsuit expectations.

User Trust, AI Ethics, and Risk Management

42. Only 39% of U.S. adults judge existent AI exertion is harmless and unafraid (Mitre, 2023)
43. Eighty-five percent of U.S. adults enactment a nationwide effort crossed government, industry, and academia to marque artificial quality harmless (Mitre, 2023)
44. Eighty-percent of U.S. adults are acrophobic astir AI being utilized for cyber attacks. And 78% are acrophobic astir it being utilized for individuality theft. (Mitre, 2023)
45. Seventy-eight percent of concern leaders deliberation the benefits of artificial quality outweigh the risks (Gartner, 2023)
46. Over one-third of organizations already usage information tools to mitigate the risks of generative AI (Gartner, 2023)
47. Fifty-six percent of companies accidental “inaccuracy” is the biggest hazard posed by adopting generative AI. Yet lone 32% of companies person systems successful spot for mitigating specified inaccuracies. (McKinsey, 2023)
48. Eighty-five percent of Americans privation manufacture to stock AI assurance practices earlier bringing AI-enabled products to marketplace (Mitre, 2023)
49. Almost 75% of firm executives ranked AI morals arsenic important successful 2021 (compared with little than 50% successful 2018) (IBM, 2022)
50. Fewer than 20% of executives firmly judge their applied AI morals really conscionable their stated values (IBM, 2022)
51. Fifty-six percent of executives don’t cognize if their organizations person ethical standards successful spot for guiding the usage of generative AI (Deloitte, 2023)

52. Only 40% of radical spot companies to beryllium ethical successful their usage of caller exertion similar AI (IBM, 2022)
53. Twenty-two percent of executives mention information privateness arsenic their apical ethical interest astir generative AI (Deloitte, 2023)
54. Eighty-two percent of concern leaders deliberation it’s OK to usage AI tools erstwhile responding to colleagues (Tech.co, 2023)

Key Takeaways

These stats item the mixed attitudes businesses and consumers person regarding AI risks. While there’s a wide request for greater transparency and ethical standards successful AI use, galore organizations presently autumn abbreviated of these expectations.

Artificial Intelligence Growth Statistics

55. The planetary AI marketplace is expected to transcend $1 trillion by 2028. That’s a maturation origin of 40% each twelvemonth from 2023 to 2028 (Statista, 2023)
56. In 2023, the generative AI marketplace size reached $44.89 cardinal globally and $16.19 cardinal successful the U.S. (Statista, 2023)
57. In 2023, the AI marketplace size successful the U.S. was $87.18 cardinal (Statista, 2023)
58. The full planetary firm concern successful AI startups accrued by $5 cardinal from 2020 to 2022 (Statista, 2023)
59. The planetary firm concern successful AI reached astir $92 cardinal successful 2022 (Statista, 2023)
60. North America captured a 41% gross stock of the generative AI marketplace successful 2022 (Precedence Research, 2023)

Key Takeaways

Investment successful AI technologies has skyrocketed successful caller years, peculiarly successful the U.S. And portion the size of the planetary AI marketplace is already measured successful the tens of billions, it’s expected to interruption the trillion-dollar obstruction toward the extremity of the decade. It looks similar AI volition alteration the planetary economical scenery rapidly and profoundly.

Overview of Leading AI Technologies

61. Generative AI could adhd $2.6 trillion to $4.4 trillion of worth to the satellite system each twelvemonth (McKinsey, 2023)
62. OpenAI is 1 of the astir well-funded startups successful history, securing implicit $12 cardinal successful investments arsenic of 2023 (Statista, 2023)
63. The earthy connection processing (NLP) marketplace is expected to transcend $112 cardinal by 2030 (Statista, 2023)
64. There were 2.2 cardinal visits to ChatGPT successful November 2023, 471 cardinal of which were unsocial visits (Semrush data)

65. In March 2023, Microsoft confirmed the caller Bing was moving connected GPT-4 aft overmuch speculation (Bing, 2023)
66. OpenAI presently supports entree from 188 countries, regions, and territories (OpenAI, Date Not Specified)
67. It’s estimated that ChatGPT costs up to $700,000 per time to tally (Business Insider, 2023)

Key Takeaways

Generative AI has witnessed important maturation and concern successful caller years. The melodramatic occurrence of OpenAI’s ChatGPT and its integration into assorted mainstream applications underscores the wide interaction and rising popularity of this caller AI technology.

The Future of AI: Expert Predictions and Analysis

68. Generative AI could pb to 0.1% to 0.6% yearly maturation successful labour productivity done 2040 (McKinsey, 2023)
69. AI could thrust a 7% summation successful planetary GDP (Goldman Sachs, 2023)
70. China could spot a 26% boost to GDP by 2030 acknowledgment to AI (PwC, 2017)
71. By 2030, generative AI could automate 30% of hours worked contiguous (McKinsey, 2023)
72. 300 cardinal full-time jobs could go automated arsenic a effect of the caller question of AI systems (Goldman Sachs, 2023)
73. AI could commencement to boost U.S. GDP successful 2027 (Goldman Sachs, 2023)
74. Global AI concern could scope $200 cardinal by 2025 (Goldman Sachs, 2023)
75. The generative AI marketplace size is expected to amusement an yearly maturation complaint of 24.4% from 2023 to 2030, resulting successful a marketplace measurement of $207 cardinal by 2030 (Statista, 2023)
76. The planetary AI spot marketplace is forecast to deed the $120 cardinal people by 2027 (Statista, 2023)
77. Global AI bundle revenues volition scope $100 cardinal by 2025 (Omdia, Date Not Specified)
78. Google expects its AI chatbot Bard volition assistance it scope 2 cardinal users (Reuters, 2023)

Key Takeaways

The continued maturation of AI technologies looks acceptable to drastically summation planetary economical output implicit the coming decades. The wide automation of quality work-related activities whitethorn alteration labour markets and unlock caller efficiencies and innovation opportunities crossed industries.

Stay Ahead of Competitors successful the AI Age

So, what bash each these stats astir artificial quality archer us?

First, there’s nary uncertainty that AI has officially gone mainstream. 

Most businesses (and consumers) present usage it successful 1 signifier oregon another. And according to the AI maturation stats and predictions mentioned above, AI adoption volition lone accelerate implicit the adjacent decade.

Of course, the enlargement of AI exertion isn’t without its downsides. We’ve seen that galore radical volition beryllium forced to reskill arsenic accrued automation disrupts the occupation market. 

And determination stay respective unfastened questions astir however champion to equilibrium the usage of this caller exertion with information and ethical considerations.

That said, tools similar AI Writing Assistant are acceptable to unlock an unprecedented question of productivity and ratio crossed the satellite of business. As much and much regular tasks go automated, workers volition person much clip to dedicate to much originative and value-added activities.