
"Referencing data from a recent US Census Bureau survey, that the percentage of Americans using AI to "produce goods and services" at large companies rang in at a modest 11 percent in October, the latest available survey date. It's not just that the figure is a bit soggy for the supposedly world-changing technology, but that it's suddenly moving in the wrong direction: the financial publication notes that the percentage is actually down from 12 percent in the prior survey, conducted two weeks previously."
"Looking at the big picture doesn't make it any prettier. Back in March, the number of businesses with 100-249 employees that reported not using AI within the last two weeks stood at 74.1 percent. The survey results show a steady uptick in "no" results over the past few months, culminating in a dreadful 81.4 percent as of the latest poll. For big corporations with over 250 employees, meanwhile, the "no" reports have crept up to 68.6 percent, up from the year's low of 62.4 percent recorded in February."
"The data is nothing if not a major red flag for an industry which is expected to spend $5 trillion on AI infrastructure between now and 2030. To do so will require a massive increase in revenue from both business and personal AI use - the latter of which has been lagging. Unfortunately for the tech industry, enterprise AI customers aren't picking up the slack."
Only 11 percent of Americans at large companies used AI to produce goods and services in October, down from 12 percent two weeks earlier. Firms with 100–249 employees reporting no AI use within two weeks rose from 74.1 percent in March to 81.4 percent in the latest poll. Corporations with more than 250 employees saw 'no' responses climb to 68.6 percent from a year low of 62.4 percent in February. The industry faces a projected $5 trillion infrastructure spend through 2030 that depends on higher business and personal AI adoption. Multiple surveys indicate AI remains largely experimental rather than a clear productivity driver.
Read at Futurism
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