AI adoption has tripled in 12 months. One in seven large companies has adopted AI; in 24 months, two thirds of large companies will have live AI initiatives. In 2019, AI ‘crosses the chasm’ from early adopters to the early majority.
AI may be the fastest paradigm shift in technology history. In the course of three years, the proportion of enterprises with AI initiatives will have grown from one in 25 to one in three. Adoption has been enabled by the prior paradigm shift to cloud computing, the availability of plug-and-play AI services from global technology vendors and a thriving ecosystem of AI-led software suppliers.
AI initiation has shifted from the C-suite to the IT department. Two years ago, CXOs initiated two thirds of AI initiatives. In 2019, as corporate engagement with AI shifts from ‘if’ to ‘how’, the IT department is the primary driver of projects.
The pool of AI talent remains small. AI demands advanced competencies in mathematics, statistics and programming; AI developers are seven times more likely to have a Doctoral degree than other developers