The state of AI in early 2024 | McKinsey - McKinsey & Company
May 30, 2024 · If 2023 was the year the world discovered generative AI (gen AI), 2024 is the year organizations truly began using—and deriving business value from—this new technology. In the latest McKinsey Global Survey on AI, 65 percent of respondents report that their organizations are regularly using gen AI, nearly double the percentage from our ...
Gartner Predicts 30% of Generative AI Projects Will Be Abandoned …
Jul 29, 2024 · At least 30% of generative AI (GenAI) projects will be abandoned after proof of concept by the end of 2025, due to poor data quality, inadequate risk controls, escalating costs or unclear business value, according to Gartner, Inc.
Generative AI news and analysis - TechCrunch
Read the latest on startups and founders building artificial intelligence tools. From OpenAI with ChatGPT, to Google with Gemini—TechCrunch covers the entire ecosystem.
5 Forces That Will Drive the Adoption of GenAI - Harvard Business Review
Dec 14, 2023 · In the face of uncertainty and inflated expectations, Gartner research has identified five forces that will keep the pressure on executives to keep learning, testing, and investing in the...
3 Bold and Actionable Predictions for the Future of GenAI - Gartner
Apr 12, 2024 · Looking at all four layers of the generative AI technology stack — infrastructure, models, AI engineering tools and applications — Gartner makes five predictions for how generative AI will evolve in the coming years. We preview three, along with their implications for your organization, here.
China leads the world in adoption of generative AI, survey shows
BEIJING, July 9 (Reuters) - China is leading the world in adopting generative AI, a new survey shows, the latest sign the country is making strides in the technology that gained global...
GenAI will be worth trillions. Here's a roadmap for harnessing it
Jan 5, 2024 · Trust, transparency, and inclusiveness are key priorities to scale adoption and realize the true transformative potential of GenAI. A recent report published by McKinsey estimates that GenAI can potentially create between $2.6 and $4.4 trillion in value to GDP across industries.
Gartner Says More Than 80% of Enterprises Will Have Used …
Oct 11, 2023 · By 2026, more than 80% of enterprises will have used generative artificial intelligence (GenAI) application programming interfaces (APIs) or models, and/or deployed GenAI-enabled applications in production environments, up …
What is the future of Generative AI? | McKinsey - McKinsey & Company
Aug 25, 2023 · Our report, The economic potential of generative AI: The next productivity frontier, contains spotlight sections detailing how to identify the use cases with the highest value potential in the banking, life sciences, and retail and consumer-packaged-goods industries.
Explained: Generative AI | MIT News | Massachusetts Institute of …
Nov 9, 2023 · Generative AI can be thought of as a machine-learning model that is trained to create new data, rather than making a prediction about a specific dataset. A generative AI system is one that learns to generate more objects that look like the data it was trained on.