22 Top AI Statistics & Trends In 2024 - Forbes Advisor
AI has the potential to drastically alter the sector’s economic impact.[10]
AI Business Impacts
Nearly a quarter of business owners are concerned about AI affecting website traffic
A Forbes Advisor survey reveals that 24% of business owners express concern about AI’s potential impact on their website traffic, reflecting the uncertainties some businesses face regarding the integration of AI in their operations.[3]
97% of business owners believe ChatGPT will help their business
According to Forbes Advisor, a staggering 97% of business owners believe that ChatGPT will benefit their businesses. The AI market is projected to reach a staggering $407 billion by 2027, experiencing substantial growth from its estimated $86.9 billion revenue in 2022.[1]
AI will have an estimated 21% net increase on the United States GDP by 2030
AI is expected to contribute a significant 21% net increase to the United States GDP by 2030, showcasing its impact on economic growth.[2]
Over 75% of consumers are concerned about misinformation from AI
Our in-house survey on AI consumer sentiment shows AI is anticipated to add a substantial 21% net boost to the United States GDP by 2030, indicating its influence on economic growth.
This suggests that when businesses use AI responsibly and transparently, they can maintain consumer confidence and even harness AI's potential to improve customer experiences.[7]
More than half believe AI will improve written content
Over half of respondents, 54%, believe that AI can improve written content, suggesting that AI-driven solutions such as ChatGPT have the potential to enhance text quality, creativity and efficiency in various content creation contexts.[7]
Most Popular AI Uses in 2023
The most popular AI uses include responding to messages, answering financial questions, planning travel itineraries and crafting social media posts as its versatility transforms everyday tasks.[7]
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In comparison, the United States has a lower adoption rate, with 25% of companies using AI and 43% exploring its potential applications.[6]
AI Workforce and Employment Impacts
77% are concerned that AI will cause job loss in the next year
A substantial 77% of people expressed their apprehension that AI could bring about job losses in the imminent future, indicating widespread concern about the potential impact of technology on employment opportunities.[7]
400 million workers could be displaced because of AI
As AI evolves, it could displace 400 million workers worldwide. One in three businesses plan to use ChatGPT to create website content, while 44% aim to generate content in multiple languages.[3]
Over 60% of business owners believe AI will improve customer relationships
Forbes Advisor reports that 64% of business owners believe AI has the potential to improve customer relationships, indicating a positive outlook on the role of AI in enhancing client interactions.[3]
Over 60% of business owners say AI will increase productivity
Over 60% of business owners believe AI will increase productivity.
