Banks and insurance companies believe AI is critical to unlocking new growth opportunities and reducing costs. In this new study from the Economist, companies report how AI will transform their businesses in a number of ways over the next five years. The benefits include spurring the creation of new products and services, opening up new markets and industries, and paving the way for innovation. About one-third of companies expect 51% to 75% of their workloads to be supported by AI technologies in five years’ time.
Download the Economist Intelligence Unit report here.