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What are some of the recent AI insights?

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Some of the recent AI insights are:-

  • QuantumBlack, AI by McKinsey, provides insights on how organizations can effectively and responsibly use AI to create business value.
  • McKinsey’s survey on AI shows that the adoption of AI technologies has doubled since 2017, though the proportion of organizations using AI has plateaued between 50 and 60% over the past few years. Companies seeing the highest financial returns from AI continue to pull ahead of competitors.
  • The 2022 Gartner Hype Cycle for Artificial Intelligence identifies innovations in AI technology and techniques to go beyond Innovations are expected to hit mainstream adoption in two to five years, including composite AI, decision intelligence, and edge AI.
  • The Deloitte AI Institute supports organizations to transform through cutting-edge AI insights and innovation by bringing together the brightest minds in AI.
  • Forbes also discusses the number of organizations looking ahead to see how cloud-based AI tools and capabilities can deliver value and how the future can move faster.

The insights also suggest that AI is becoming increasingly important in businesses and organizations looking for ways to create value effectively. The focus is on innovations expected to drive high or even transformational benefits, such as composite AI, decision intelligence, and edge AI.

Companies with AI are also leaders and have a competitive advantage.

Source: Mckinsey, State of AI, Gartner, Deloitte, Forbes

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