The 50% Revolution: How AI is TransformingHalf the World’s Organizations

Assumpta Udochukwu
By Assumpta Udochukwu 3 Min Read

In an era defined by technological advancements, the rise of artificial intelligence (AI) has become a defining feature of our time. As businesses worldwide continue to invest in AI, its
applications are permeating industries at a remarkable pace.

In this second installment of the
Digital Evolution series, sponsored by Global X ETFs, we delve into AI adoption statistics and its profound impact on the contemporary workforce.

Recent surveys highlight the impressive adoption rate of AI within organizations, with 50% reporting the use of AI tools in at least one aspect of their operations. This statistic, however, merely scratches the surface of AI’s potential.

The influence of AI is far-reaching, with these percentages showcasing its integration into diverse sectors. Whether it’s streamlining HR processes, enhancing production efficiency, or revolutionizing marketing strategies, AI’s impact
is palpable.

One of the most significant strides in AI adoption has been made by the finance industry. In an era of complex risk management and data analysis, AI algorithms have risen to the occasion.
These algorithms can analyze vast datasets in real time, a capability instrumental in detecting fraud and predicting market fluctuations.

The transformative power of AI within finance is highlighted by the fact that 48% of professionals in the risk space reported increased revenue as a direct outcome of AI integration. Additionally, 43% of respondents noted a decrease in operational costs, as AI automation
reduces errors and optimizes processes.

The surge in AI adoption has had a ripple effect on the job market. AI’s demand for skilled professionals has led to a surge in job postings in the sector. AI adoption has reached a pivotal juncture, with half of surveyed organizations harnessing AI
tools to optimize their operations. Yet, this is just the beginning of AI’s journey.

The next installment of the Digital Evolution series will explore the pinnacle of AI as we know it today: the Artificial Intelligence of Things (AIoT). With Global X ETFs’ AIQ, investors can engage in this dynamic market and leverage the growth
potential driven by AI. As AI’s evolution continues on a global scale, there has never been a more opportune moment to embark on an AI investment journey.

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Assumpta Udochukwu
Posted by Assumpta Udochukwu
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Assumpta is a Professional Accountant, Brand Strategist, Writer and Digital Data Storyteller with extensive experience in Finance, Digital Marketing and Business Administration. She is the Chief Analyst and Editor at Trendswatch.co, she is passionate about telling data stories in an entertaining and engaging manner.
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