The Year of Take-Off of Generative AI

Generative AI Explosion

Artificial Intelligence (AI) is no longer a topic relegated to technology employees and has become a focus for business leaders. Less than a year after many of these tools made their debut, one-third of respondents say their organizations are regularly using the AI gene in at least one business function.

In addition, nearly a quarter of executives surveyed say they are personally using IT tools. AI gene for their work, and more than a quarter of respondents from companies that use AI say the AI gene is already on the agenda of their boards. What's more, 40% of respondents say their organizations will increase their investment in AI overall due to advances in the AI gene.

The first to explore

Organizations that have already incorporated AI capabilities have been the first to explore the potential of the AI gene. Those that are deriving more value from more traditional AI capabilities, a group we call "top AI exploiters," are already outpacing others in their adoption of AI gene tools. These high-performing organizations are using the AI gene in more business functions than other organizations, especially in product and service development and in risk management and supply chain.

Significant Changes on the Horizon

Significant business disruption is expected from the AI gene, and respondents predict Significant changes in their workforces . They anticipate staff cuts in certain areas and large reskilling efforts to address changing talent needs. However, while the use of gene AI could spur adoption of other AI tools, we see little significant increase in organizations' adoption of these technologies.

Key Points

Despite the nascent public availability of the AI gene, experimentation with the tools is already relatively common.
Organizations are commonly using the AI gene. One-third of all respondents say their organizations are already regularly using generative AI in at least one function.
Expectations for the impact of the AI gene are high: three-quarters of all respondents expect the AI gene to cause a significant or disruptive change in the nature of their industry's competition in the next three years.
Organizations that have already incorporated AI capabilities have been the first to explore the potential of the AI gene.
Significant business disruption is expected from the AI gen, with respondents predicting significant changes in their workforces.

You can read the full report here.

4 Responses to "The Year of Generative AI Takeoff"

Albino Lora
24/09/2023
Wow! Generative AI is taking off, but what impact will it actually have on our lives? 🤔💥
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1. Javier
  27/09/2023
  Albino, your question is very pertinent. Generative AI is already having a significant impact in areas such as medicine, design, music, and, of course, the business world. But, as you rightly point out, this is just the tip of the iceberg.
  The real revolution will come when these technologies are more deeply integrated into our daily lives, from how we consume information to how we interact with our devices and with other people. Imagine a world where generative AI can personalize your user experience in real-time, or where it can help doctors diagnose diseases with unprecedented accuracy.
  So yes, the impact is already considerable, but what's to come could be truly transformative. We're at the dawn of a new era, and what we're seeing now is just a small sneak peek of what generative AI can do. 🚀💡
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Kanda
26/09/2023
Wow, generative AI is booming! Will this be the revolution that changes our lives? 🤔🚀
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1. Javier Cuervo
  27/09/2023
  Without a doubt, generative AI is marking a turning point in technology and how we interact with it. The revolution is already underway and the possibilities are virtually endless. However, as with any disruptive technology, it is essential to approach it with a strategic and ethical vision to maximize its positive impact. We are in an exciting time, but also full of responsibilities.
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