AI adoption boom: Igniting innovation, doubling productivity, and fostering cross-gen cooperation

The revolution of Artificial Intelligence (AI) in businesses is underway, igniting innovation, boosting productivity by twofold, and fostering cross-generational cooperation. Currently, the United States alone hosts over 14,700 AI startups, with more sprouting daily, according to McKinsey.

Forecasts suggest that AI adoption and digitisation will automate between 30% and 40% of existing jobs, augment 50 to 60% of job tasks, and transform 300 million full-time jobs. By 2030, it is anticipated that 14% of workers will switch careers due to the impact of AI and digitalisation.

Companies’ reactions to this trend vary significantly. Some have prohibited its use due to concerns over potential confidentiality breaches, while others have established detailed guidelines for its application. Some are even developing their own AI systems.

Regardless, early AI…