TECH - Despite The Market Hype Only 5% Of US Firms Use Generative AI In Production | Benzinga
Artificial intelligence has captivated the financial markets and sent the SPDR S&P 500 ETF Trust (NYSE:SPY) into an upward spiral. Even though the S&P 500 is up over 15% through the first half of 2024, only a few firms have reaped generative AI’s benefits.
The Data: A post on X relayed data from Goldman Sachs.
Approximately 5% of US Firms Are Using Generative AI to Produce Goods and Services pic.twitter.com/JSoLlmXTuo — Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) July 2, 2024