St. Louis Fed Research Finds AI Adoption is Modest in Workplaces
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New informationRepeats or wire copies
What happened
Researchers at the Federal Reserve Bank of St. Louis have published findings on how artificial intelligence is affecting businesses in the real world. The research indicates that AI adoption is widespread but remains surprisingly shallow among businesses surveyed. The majority of companies reported only experimental or limited use of the technology.
From chicagotribune.com
Why it matters
The study found that about 45% of workers currently use AI for their jobs to some extent. However, the majority of tasks remain largely unaffected by the technology, with almost no tasks having been entirely taken over by AI.
From chicagotribune.com
Who's involved
- Federal Reserve Bank of St. LouisConducted research into the impact of artificial intelligence on businesses.
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The entities involved
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Federal Reserve Bank of St. Louis
Federal Reserve Bank responsible for the eighth district, headquartered in St. Louis, United States