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AI Use Double Early PCs, Internet: Fed

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Matt Robinson
Sep 19, 2024
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Hi, I'm Matt. Welcome to AI Street, where AI meets Wall Street. Every Thursday, I share curated news, analysis, and expert interviews.

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ADOPTION AI’s Rapid Uptake

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I’ve previously touched on how quickly AI adoption is happening, but it bears repeating. From this Fed Study:

  1. Generative AI: 39.4% adoption after two years

  2. Internet: About 20% adoption after two years

  3. PCs: About 20% adoption after three years

More than half of workers in finance, information, and real estate are already using generative AI at work - the highest adoption rate across all industries, according to economists from the Federal Reserve Bank of St. Louis.

And unlike your augmented reality headsets, which are probably in some closet somewhere (like mine), 22% of …

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