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Simform Blog AI/ML Development

AI/ML Development

AI is reshaping tech, business, and human life. Find out what’s new in gen AI and ML to improve productivity, customer satisfaction, and operational efficiency.

AI/ML Development

State of Generative AI in 2024 | Insightful Survey Findings

16 mins read
2 Jun, 2024

We surveyed 656 business leaders across 8 key sectors to benchmark current and planned adoption of generative AI, summarize beneficial use cases and business impacts so far, and provide balanced, data-driven insights around priorities and safeguards needed moving forward. Interesting survey highlights: - Acquiring generative AI expertise is the top challenge that 43.9% of organizations face - 61% of organizations prefer using Gen AI for tasks like code generation and auto-completion - 68.3% of organizations prioritize in-house training as a key strategy for addressing the knowledge and skills gap - Nearly 7 out of 10 industry professionals intend to improve training data and transparency to tackle AI ethics issues

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