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Mckinsey State Of AI 2022 Highlights Stubborn Adoption Plateau

VentureBeat, December 5th, 2022

Consulting firm McKinsey released its State of AI 2022 report, revealing key findings on AI's use and adoption globally over the past half-decade.

According to the report, AI adoption and investment have accelerated in the last five years, with businesses reporting AI becoming a bigger priority. AI adoption has more than doubled since 2017 (20% to 50%), with 63% of businesses expecting investment in AI to increase over the next three years.

However, there has been a noticeable plateau, with the proportion of organizations adopting AI hovering between 50 and 60 percent for the past few years.

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