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2024-08-30 10:26:59
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AIbase
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11.4k
Investment Anxiety Due to AI! 63% of Companies Strive to Deploy AI out of Fear of Missing Opportunities
According to a survey by ABBYY, 63% of IT leaders globally have significantly increased AI investments, averaging over $879,000, due to concerns about losing competitiveness from missing opportunities. Although costs are a major concern, almost all respondents plan to continue increasing AI spending in the coming year. Client pressure and risks from AI-generated misinformation were mentioned, but worries about employee misuse of AI became one of the biggest concerns. Small language models (SLMs) are favored by 93% of decision-makers due to their high accuracy. Despite most companies (91%) expressing...
2023-09-22 10:44:20
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AIbase
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1.6k
ABBYY Intelligent Automation Report: AI Investment Budgets Surge by 80%
The latest ABBYY Intelligent Automation Status Report shows that despite economic instability, enterprises are rapidly increasing their investment in artificial intelligence, surging by over 80%. 82% of IT executives acknowledge its positive impact. The report highlights the beneficial effects of AI, including increased work value, innovation, employee happiness, and enhanced creativity among staff. It also points out AI's positive impact on employee retention and work efficiency, with 49% of participants stating they have witnessed an increase in employee retention rates following the integration of intelligent automation.