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Sunday, November 17, 2019

McKinsey: Where AI is Being Used

In the recent article in McKinsey:

AI Adoption Advances, but Foundational Barriers Remain

Survey respondents report the rapid adoption of AI and expect only a minimal effect on head count. Yet few companies have in place the foundational building blocks that enable AI to generate value at scale. ....


 .... Where AI is being used:

By sector, telecom, high-tech, and financial-services firms are leading the way in overall adoption. That said, looking across sectors and functions, the results suggest that companies are generally following the money when deploying AI, which seems to be gaining the most traction in the areas of the business that create the most value within a given industry (Exhibit 1). In retail, for example, the use of AI in marketing and sales processes is most common: 52 percent of retail respondents say they are using AI in marketing and sales, compared with 29 percent of all respondents.  .... 

Exhibit 1   ...   ( Below a sample see the complete chart at the link)  ... 





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