Business leaders continue to recognise Generative AI's potential to benefit their organisations, with over three-quarters expecting GenAI to have a positive impact on the economy in the years ahead.It found that 83% of business leaders expect GenAI to have a positive or transformative impact on their businesses in the next five years, up from 74% last year.
The survey further reveals that nearly half of business leaders do not plan to use GenAI to address labour shortages or increase workplace automation, down from 70% reported last year. Companies are realising the scale and complexity of AI implementation - just 7% reported to have widespread or full adoption of AI technologies right now in their business operations and that figures has not changed since last November.
Key uses for GenAI in the next 12 months will be cyber defence , IT development , improving collaboration , sales and marketing and enhancing supply chains .
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