Data Strategy

How advanced is your organisation when it comes to AI?

McKinsey & Company began tracking AI five years ago, below are the key findings and attached is the full report which I came across and thought worth sharing.

 1. Adoption has more than doubled since 2017, though the pro­portion of organizations using AI has plateaued between 50 and 60 percent for the past few years.
 2. A set of companies seeing the highest financial returns from AI continue to pull ahead of competitors.
 3. The results show these leaders making larger investments in AI, engaging in increasingly advanced practices known to enable scale and faster AI development, and showing signs of faring better in the tight market for AI talent.
 4. On talent, for the first time, we looked closely at AI hiring and upskilling. The data show that there is significant room to improve diversity on AI teams, and, consistent with other studies, diverse teams correlate with outstanding performance. 

What has been your organisation’s experience with AI in 2022? Looking forward to your thoughts in the comments 🙌

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