The state of AI in 2023: Generative AI’s breakout year

24 Pages

The latest McKinsey Global Survey shows explosive growth in generative AI (gen AI) tools, with one-third of organizations using them regularly. C-suite executives and boards are increasingly involved, with 40% planning increased AI investment due to gen AI advances. While risks are being addressed, mainly inaccuracy, AI high performers lead gen AI adoption. Despite workforce changes anticipated, overall AI tool adoption remains steady, concentrated in few business functions. Widespread gen AI use is observed across regions, industries, and seniority levels.

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