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Generative AI is changing the mode we work, live, communicate, and lick problems.
From chatbots to representation generators, generative AI tools are becoming portion of our regular lives. People and businesses are rapidly adopting this caller exertion to go much efficient. And get tasks done faster.
But what bash the numbers archer us?
To find out, let's look astatine cardinal generative AI statistic and trends that amusement however generative AI is shaping our world.
Key Statistics connected Generative AI
Here are six absorbing generative AI statistic that show the value of gen AI successful today’s rapidly changing technological landscape:
- 6 successful 10 executives expect generative AI to importantly disrupt their manufacture successful the adjacent 5 years (MIT Technology Review, 2024)
- Generative AI could prevention clip by automating tasks that instrumentality up 60% to 70% of employees' time (McKinsey, 2023)
- Nearly fractional of the wide colonisation (49%) person tried generative AI. And over a third usage it daily. (Salesforce, 2023)
- Generative AI exertion is astir fashionable among younger generations—65% of users are Gen Z oregon millennials (Salesforce, 2023)
- 84% of LinkedIn users hold roles wherever gen AI could automate astatine slightest 25% of regular tasks, starring to higher productivity (LinkedIn, 2023)
- Generative AI could rise planetary GDP by nearly $7 trillion implicit 10 years, which is much than the full GDP of Japan, the world's third-largest system (Goldman Sachs, 2023)
Read connected to larn astir generative AI trends. And what radical deliberation and bash astir them.
1. The Generative AI Market Is Growing Exponentially
The generative AI marketplace was estimated to scope $36.06 cardinal in 2024.
The United States is presently the largest marketplace for gen AI, with an estimated worth of $11.66 cardinal in 2024.
And its planetary marketplace size is expected to scope $356.10 cardinal by 2030.
Which means the marketplace is experiencing accelerated growth.
(Statista, 2023)
Image Data Source: Statista
Organizations are besides expanding their generative AI investments:
- 55% of organizations person decided to summation generative AI investments (Gartner 2023)
- 95% of elder concern leaders accidental their organizations are investing successful AI (EY, 2024)
- 63% of companies program to summation AI spending, portion 36% volition instrumentality to the aforesaid budget. Only 2% mean to walk little connected generative AI. (Lucidworks, 2024)
And the standard of those investments is significant:
- Generative AI investments by backstage equity firms reached $2.18 cardinal successful 2023, up from $1 cardinal successful 2022 (S&P Global Market Intelligence, 2024)
- 30% of companies are expected to put $10 cardinal oregon much successful gen AI successful 2025, up from 16% successful 2024 (EY, 2024)
Gen AI’s aboriginal is besides looking positive. Global generative AI investments could scope $200 cardinal by 2025.
In the agelong term, AI-related concern could peak astatine 2.5% to 4% of GDP successful the U.S. and 1.5 to 2.5% successful different large AI leaders.
(Goldman Sachs, 2023)
2. Generative AI Adoption Varies by Industry
That said, generative AI statistic amusement that adoption varies by industry.
While 65% of organizations regularly usage generative AI (McKinsey, 2024), immoderate fields are embracing this exertion much rapidly than others.
Marketing and advertizing has the highest gen AI adoption rate. With 37% of selling and advertizing companies already utilizing generative AI.
The tech and consulting industries person the second- and third-highest adoption rates. With 35% of tech companies and 30% of consulting firms utilizing generative AI.
Other industries are adopting gen AI astatine little and slower rates.
For example, the teaching manufacture has a 19% adoption rate, and the accounting manufacture has a 16% adoption rate.
And healthcare lags astatine 15%.
(Statista, 2024)
3. More Than Half the Population Is Using Gen AI, with Young Professionals astatine the Forefront
Generative AI adoption is besides rapidly expanding crossed assorted demographics.
Which is to beryllium expected, arsenic nearly fractional of the colonisation is already utilizing gen AI technology.
And over a 3rd of gen AI users are utilizing it daily. Especially among young professionals.
Image Data Source: Salesforce
More specifically, idiosyncratic statistic connected generative AI amusement millennials oregon Gen Z marque up 65% of gen AI users.
70% of Gen Z users said they usage generative AI. And 52% of those users inquire gen AI to assistance them marque decisions.
In fact, a caller radical of “super-users” has emerged. And they are becoming highly proficient with the technology.
Over fractional of these “super-users” (52%) say that they are utilizing gen AI more. And astir 60% of users judge they are connected the mode to mastering the technology.
(Salesforce, 2023)
According to generative AI usage statistics, the exertion is besides becoming precise fashionable successful the workplace:
- 88% of professionals worldwide, crossed industries, said they usage generative AI tools (AI Accelerator Institute, 2023)
- 43% of professionals person utilized ChatGPT oregon different generative AI tools to assistance them with work, but 68% of them don't archer their bosses (Fishbowl, 2023)
That said, 68% of people who don’t usage generative AI beryllium to the Gen X oregon babe boomer generations (Salesforce, 2023). Which shows that gen AI adoption is slower among older generations.
4. People Are Using Generative AI astatine Work, Home, and School
Generative AI is becoming a go-to instrumentality for administrative, analytical, and originative work.
In fact, 29% of 644 respondents from U.S., Germany, and U.K. organizations usage generative AI. Making it the astir deployed AI solution. Surpassing different instrumentality learning exertion (Gartner, 2024).
When asked wherefore they started utilizing generative AI technology, 48.2% of people said they wanted to velocity up their work. While 22.7% said it was retired of curiosity (AI Accelerator Institute, 2023).
Which means radical are utilizing gen AI for some enactment and idiosyncratic tasks.
Here’s however radical usage gen AI astatine work:
- 70% want to trim their workload by letting AI bash arsenic overmuch of their enactment arsenic possible
- 76% use it for administrative tasks
- 79% use it for information analysis
- 73% ask it for assistance with originative projects
- 86% use it for research
- 80% use it to summarize meetings and tasks
- 77% use it for readying their day
(Microsoft, 2023)
75% of users also privation to automate enactment tasks and usage generative AI to heighten workplace connection (Salesforce, 2023).
And 34% of organizations chiefly usage generative AI if it is integrated into tools they already use. Like Microsoft Copilot for 365 (Gartner, 2024).
At location and astatine school, radical usage generative AI tools and chatbots for a wide scope of tasks:
- 38% use it for amusive and entertainment
- 34% use it to larn astir topics they are funny in
(Salesforce, 2023)
- 21% ask for originative penning and brainstorming help
- 18% ask for homework help
- 17% search for information
(Washington Post, 2024)
Looking to the future, 44% of U.S. concern leaders program to leverage AI much successful the adjacent twelvemonth (LinkedIn, 2023).
5. Generative AI Adoption Is Different Across Countries: India Uses It the Most, Followed by Australia, the US, and the UK
Generative AI adoption varies crossed countries.
Some nations are embracing this exertion much rapidly than others.
India has the highest generative AI adoption rate, with 73% of its population already utilizing it.
Australia is adjacent successful enactment with 49%.
In the U.S., 45% of people accidental they usage gen AI tools.
And the U.K. shows the lowest adoption complaint of the four, astatine lone 29%.
Image Data Source: Salesforce
(Salesforce, 2023)
6. IT Leaders See Generative AI arsenic a Game Changer
IT departments are astatine the forefront of generative AI adoption.
86% of IT leaders expect generative AI to play a cardinal relation successful their organizations (Salesforce, 2023).
In fact, 57% believe that gen AI is simply a “game changer.”And 67% are prioritizing it implicit the adjacent twelvemonth and a fractional (Salesforce, 2023).
Image Data Source: Salesforce
Additionally, 38% of IT professionals astatine the endeavor level actively instrumentality generative AI. And different 42% are exploring it (IBM, 2024).
Executives spot important imaginable successful this area, with generative AI reshaping IT practices and capabilities from cybersecurity to bundle engineering.
However, IT teams are besides facing challenges with implementing gen AI.
- 54% of organizations had to amended information information to alteration their gen AI strategy. And 48% had to amended information quality. (Deloitte, 2024)
- 57% of IT professionals accidental information privateness is the biggest obstruction to gen AI adoption. Followed by 43% who said transparency was the biggest issue. (IBM, 2024)
- 35% of IT professionals accidental that 1 important obstruction is simply a skills shortage (IBM, 2024)
- 56% say their IT concern budgets are holding them backmost from rolling retired generative AI (MIT Technology Review, 2024)
7. Marketers Are Using Generative AI to Create Content Faster, but AI Concerns Persist
Generative AI adoption successful selling is becoming much widespread.
78% of B2B marketers and 65% of B2C marketers use generative AI.
And 73% of marketers accidental their companies usage AI-generated content, including text, images, and videos.
(Botco.ai, 2023)
Marketers usage generative AI for antithetic tasks:
- 76% usage it for contented creation
- 76% usage it for penning copy
- 71% usage it for inspiring originative thinking
- 63% usage it for analyzing marketplace data
- 62% usage it for generating images
And they’re seeing important benefits from utilizing generative AI technology.
For example, 71% of marketers expect generative AI to trim mundane tasks. So that they tin absorption much connected strategy.
They besides foretell it volition prevention them 5 hours per week. Which equals astir a period per year.
(Salesforce, 2024)
In addition, 58% of marketers utilizing generative AI spot accrued performance.
50% said it accrued their creativity and outgo efficiency. And 47% reported creating contented faster.
(Botco.ai, 2023)
However, concerns astir accuracy and the request for due grooming persist.
- 31% of marketers ranked accuracy and prime arsenic their apical concern. Followed by spot astatine 20%, skills astatine 19%, and occupation information astatine 18%.
- 39% accidental that they can’t usage it safely. And 43% aren't definite however to maximize its value.
Which is astir apt wherefore 54% of marketers judge generative AI grooming is important. Unfortunately, 70% accidental their employers don’t supply it.
(Salesforce, 2024)
8. Most Professionals Agree That Generative AI Has a Positive Impact connected Work and Business
Organizations are already benefiting from generative AI.
An awesome 42% of organizations said efficiency, productivity, and lowering costs are the apical benefits they achieved with gen AI (Deloitte, 2024).
Leaders accidental that they’re experiencing and expecting affirmative results from gen AI technology. Like the following:
- 47% of U.S. concern leaders deliberation generative AI volition thrust productivity. While 40% expect it to unfastened caller ways to boost gross and growth. (LinkedIn, 2023)
- 77% of elder leaders study affirmative ROI connected operational efficiencies. 74% are seeing an summation successful worker productivity. And 72% are seeing improvements successful lawsuit satisfaction. (EY, 2024)
- 68% of executives judge generative AI offers much benefits than risks (Gartner, 2023)
- 60% of CEOs expect generative AI to boost worker ratio (PwC, 2024)
- 46% of CEOs expect generative AI to summation profitability. And 41% expect it to summation revenue. (PwC, 2024)
And astir professionals hold that gen AI is positively transforming the satellite of business. And however we work.
- 1 successful 5 people accidental generative AI has doubled their productivity. And astir 62.9% of them assertion gen AI tools boost their ratio by astatine slightest 70%. (AI Accelerator Institute, 2023)
- 26.7% of people said ratio is the apical payment of gen AI. While 15.5% said accrued velocity and creativity were the apical benefits. (AI Accelerator Institute, 2023)
- 38% of people accidental they prevention from 1 to astir 5 hours a week utilizing generative AI tools. 37% prevention betwixt 5 and 10 hours per week. And 11% prevention much than 10 hours per week. (Contentful, 2024)
9. Many Organizations Don’t Think They’re Ready oregon Have the Necessary Skills for Generative AI
Organizations privation to prioritize generative AI adoption. But not each of them are ready.
64% of organizations spot adopting generative AI arsenic a priority. And astir 2 successful 5 executives privation to follow gen AI, whether oregon not they’re acceptable for it.
However, this urgency is often astatine likelihood with the world of accomplishment shortages and deficiency of readiness.
As 62% of organizations don't deliberation they person the close skills to transportation retired a gen AI strategy.
In fact, lone 4% are assured they person each the skills they need.
(Google Cloud, 2023)
In addition, 45% of leaders accidental they inactive deficiency guidelines oregon restrictions for however to usage gen AI successful the workplace.
And lone 6% of companies person trained much than a 4th of their unit to usage gen AI tools
(BCG, 2024)
The existing skills spread is simply a large obstruction to gen AI adoption.
20% of organizations accidental they deficiency employees with the indispensable skills to usage caller AI tools (IBM, 2024).
And 66% of organizations accidental their teams don’t person the skills to successfully usage gen AI (Salesforce, 2024).
Which means much companies request to bid existing employees to usage gen AI. Or prosecute workers who are trained to usage the caller technology.
10. Organizations Are Worried About Gen AI Security and Accuracy
Generative AI offers galore benefits. But it besides comes with imaginable information risks. And tin nutrient inaccurate information.
16.5% of people accidental information is 1 of the main challenges of gen AI.
And 36.1% said that they were much acrophobic astir the biases, errors, and limitations that travel with utilizing gen AI.
Image Data Source: AI Accelerator Institute
(AI Accelerator Institute, 2023)
On the information front, 83% of C-suite leaders assertion they cognize however to usage gen AI safely. But lone 29% of idiosyncratic contributors can accidental the same.
And yet, 59% of IT decision-makers reported that they don’t person a proper, unified data strategy to enactment gen AI implementation.
Which is astir apt wherefore 71% of IT decision-makers are disquieted gen AI volition airs caller information threats to their data.
On the workers’ side, astir 60% of workers planning to usage AI accidental they don’t cognize however to bash it with trusted information sources oregon support delicate information secure.
And astir 73% of them judge gen AI brings caller information risks.
(Salesforce, 2024)
Many users besides interest astir the accuracy and bias of AI outputs.
70% of concern leaders are acrophobic astir AI providing inaccurate information.
While 68% say that AI-generated contented whitethorn beryllium biased. And 41% are disquieted astir gen AI producing errors and hallucinations (i.e., made-up accusation that seems credible).
(Google Cloud, 2023)
So, erstwhile you usage AI, marque definite you usage a trusted provider. And ever fact-check generative AI outputs.
Only 38.5% of radical give gen AI tools a spot standing of 7 retired of 10 oregon higher.
And 27.2% of people who don't usage gen AI tools besides don't spot them.
(AI Accelerator Institute, 2023)
However, there's imaginable for accrued adoption with amended acquisition and information measures.
70% of people who don't usage generative AI would effort it if they knew much astir the technology.
64% would usage it if it were safer. And 45% if it were portion of exertion they're acquainted with.
(Salesforce, 2024)
12. Gen AI Is Set to Boost Global GDP and Transform Multiple Industries
The economical imaginable of generative AI is impressive.
Financial forecasts suggest that generative AI could raise planetary GDP by 7% (almost $7 trillion) implicit the adjacent 10 years (Goldman Sachs, 2023).
Image Data Source: Goldman Sachs
Gen AI's interaction connected the planetary system is projected to beryllium substantial:
- The generative AI marketplace is expected to turn from $40 billion successful 2022 to $1.3 trillion by 2032, perchance adding $280 billion successful caller bundle gross (Bloomberg Intelligence, 2023)
- Gen AI could adhd $2.6 to $4.4 trillion per twelvemonth to the planetary economy. This would summation the interaction of AI by 15% to 40%. (McKinsey, 2023)
- About 75% of gen AI's yearly value could travel from 4 areas: lawsuit operations, selling and sales, bundle engineering, and probe and improvement (McKinsey, 2023)
Overall, generative AI is expected to adhd worth successful galore industries, particularly marketing, lawsuit operations, sales, bundle engineering, and research.
Accelerate Your Generative AI Strategy
Generative AI is changing however we live, work, and learn.
And it’s present to stay, if the existent generative AI statistic and trends are immoderate indication.
So you request to larn however to integrate AI into your workflows. So that you don’t lag connected imaginable productivity and ratio boosts that companies utilizing gen AI are presently experiencing.
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