cupure logo
mdashpricebudgethouseglobaldwpmanagingitalianmanagersbeauty

Chart: AI is paying off, but only for these industries so far

Chart: AI is paying off, but only for these industries so far
US Secretary of the Air Force Frank Kendall about to fly in the X-62A VISTA, an experimental aircraft piloted by AI.Air Force photo by Richard Gonza via Reuters ConnectA version of this story originally appeared in the BI Tech Memo newsletter.Sign up for the weekly BI Tech Memo newsletter here.AI is moving from promise to measurable payoff across corporate America.According to new data from Morgan Stanley, the share of S&P 500 companies citing quantifiable benefits from AI adoption has steadily climbed, reaching 15% in the third quarter, up from 11% a year earlier.Among firms that the analysts classify as "AI adopters," nearly one in four now report tangible performance improvements.Technology leads the pack: 39% of tech firms highlighted quantifiable AI gains, up sharply from 26% last year.Communication Services (26%) and Financials (16%) follow, while Energy companies have risen from 0% to 10%.As adoption spreads, more sectors are beginning to see measurable AI-driven returns, signaling a new phase of real-world business impact.Sign up for BI's Tech Memo newsletter here. Reach out to me via email at [email protected] the original article on Business Insider

Comments

Similar News

Business News