This summary is provided by the IPR Digital Media Research Center
McKinsey examined the current state of artificial intelligence (AI) and its use in organizations throughout recent years.
An online survey of 1,684 participants was conducted from April 11-23, 2023.
Key findings include:
1.) 55% of respondents reported that their organizations have adopted AI and 40% said their organizations will increase their investment in AI overall because of advances in generative AI.
— 31% said that their organizations have adopted AI in more than one business function.
2.) 21% of respondents said their organizations have established policies on employees’ use of generative AI tech in their work.
3.) Most respondents said their organizations are not addressing AI-related risks.
— 32% of respondents said their organizations are mitigating inaccuracy, and 38% said they are mitigating cybersecurity risks.
4.) 38% of respondents said they expect more than 20% of their companies’ workforces to be reskilled because of AI adoption.
Read the full report here