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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

📣 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.


✅Majority of GenAI applications target incremental improvements

Share of GenAI Initiatives for Fortune 500 companies

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.

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