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2024

AI Could Have Major Impact on Industry Profitability

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Investors have poured billions into AI-related companies, but adoption is moving slowly across American firms. According to the Census Bureau, just 5% of American businesses have used AI to produce goods and services over the last two weeks, highlighting that market enthusiasm is not yet matching the real economy. Despite this slow progress, AI has the potential to boost productivity across a wide scope of industries, from energy to transportation. This graphic, via Visual Capitalist's Dorothy Neufeld, shows AI’s effect…