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The evolution of artificial intelligence (AI) is significantly transforming various aspects of work and industry. Numerous sectors, including manufacturing, finance, healthcare, and transportation, have incorporated AI into their operations, resulting in reduced costs and enhanced productivity.
According to the IBM Global AI Adoption Index 2023, 42% of organizations at the enterprise level that were surveyed have integrated AI into their business processes. Early adopters, in particular, are at the forefront, with 59% of responding enterprises expressing intentions to expedite and increase their investments in this technology.
Geographically, organizations in China (85%), India (74%), and the United Arab Emirates (72%) are the most inclined to accelerate the deployment of AI, whereas businesses in the United Kingdom (40%), Australia (38%), and Canada (35%) are less likely to hasten their AI rollout.
The financial services sector has emerged as the most prevalent user of AI, with approximately half of IT professionals in this industry reporting that their organizations have actively implemented AI solutions.
Artificial intelligence has transcended the status of a mere buzzword, becoming a critical frontier for investors focusing on innovative companies within the technology sector.
Contact us today and find out if investing in the AI & Technology Model Portfolio is right for you.
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