Generative AI and the Future of Work
2024 At least 40% of the global workforce has already been exposed to AI . Findings were skewed in favor of more highly developed economies (60%) vs emerging economies (26%) due in large part to the prevalence of white collar, service-oriented jobs in those regions – International Monetary Fund, 2024. 2025 Generative AI is projected to bring $200 billion USD to global education – Morgan Stanley, 2023. 2026 Over 75% of businesses will use generative AI to create synthetic customer data, up from less than 5% in 2023. Introducing synthetic data into models enables organizations to simulate environments and identify new product development opportunities, especially in highly regulated industries – Gartner, 2024. 2027 More than 50% of the generative AI models that enterprises use will be specific to either an industry or business function – Gartner, 2024. Six in ten workers will require retraining , but only half of workers are seen to have access to adequate training...