Gen AI main use cases span in 3 areas but none of Gen AI initiatives would be considered a moonshot or a fundamentally disruptive new business model!
By | Nicolas BEHBAHANI | Global People Analytics Leader @ Future of Work | Leading Global HR Analytics, Driving Business Growth
đź“Ł Only 15% of Gen AI initiatives pursuing more transformative changes such as expert task automation, AI agent-led customer interactions, and hyper personalization of offerings at scale!
⚠️None of the initiatives would be considered a moonshot or a fundamentally disruptive new business model.
🏆 The top three key areas where GenAI is used in human capital are:
Talent Development, Productivity and Change Management.
So far, about 85% of large enterprises’ generative AI applications target more incremental improvements in products, services, and efficiency, according to a new interesting research published by Bain & Company using data from about 33% of Fortune Global 500 companies (235 of them) which had publicly announced generative AI initiatives as of the end of February 2023.
âś…Majority of GenAI applications target incremental improvements
Researchers discovered that about 85% of the 235 generative AI initiatives announced by Fortune Global 500 companies through the end of February focused on incremental improvements to products, services, and efficiency.
