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News » GenAI adoption in U.S. outpaces early PC, internet use: study

GenAI adoption in U.S. outpaces early PC, internet use: study

MISSOURI, UNITED STATES — A newly released report revealed that generative AI is being adopted at an unprecedented rate in the United States, surpassing the early adoption rates of personal computers and the internet. 

The study, titled “The Rapid Adoption of Generative AI,” provides insights into the widespread use of this transformative technology in both professional and personal settings.

Co-authored by leading economists and policy experts from institutions like the Federal Reserve Bank of St. Louis, Vanderbilt University, and Harvard Kennedy School, the report examines that generative AI, while transformative, can only have its full economic impact if it is widely adopted.

Rapid GenAI adoption across demographics

The report shows that by August 2024, 39% of the U.S. population aged 18-64 had embraced generative AI. This adoption rate is nearly double that of PCs and the internet at similar stages in their development.

In the workplace, 28% of employed individuals are utilizing generative AI, with 10% incorporating it into their daily routines. The technology’s reach extends beyond office environments, with one in five blue-collar workers also leveraging its capabilities.

Diverse applications in the workplace

Generative AI is proving to be a versatile tool across various professional tasks:

The most popular AI products in use include ChatGPT, Gemini, and embedded tools like Microsoft Copilot.

Meanwhile, SAS Institute and Coleman Parkes Research found that the U.S. takes the lead when it comes to fully implementing GenAI into regular business operations. The study reveals that 24% of U.S. organizations have fully integrated GenAI, compared to 19% in China and 11% in the United Kingdom.

Economic impact and future implications

The researchers estimate that generative AI currently supports between 0.5% and 3.5% of all work hours in the U.S. This significant integration into the workforce underscores the technology’s potential to reshape productivity and economic landscapes.

The rapid adoption rates observed suggest that this impact could be substantial and far-reaching, potentially transforming industries and job roles at an accelerated pace compared to previous technological revolutions.

Similarly, a recent survey by the New York Federal Reserve suggested that, contrary to popular concerns, AI adoption may lead to more hiring and retraining rather than widespread job losses. This positive outlook aligns with GenAI’s transformative nature, indicating that it may create new opportunities and roles within various industries.

The unprecedented adoption rate of generative AI in the U.S. signals a new era of technological integration. As businesses and individuals continue to embrace this powerful tool, we can expect to see significant changes in how work is performed, productivity is enhanced, and innovation is driven across various sectors of the economy.

 

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