AI optimists drive enterprise adoption

US federal government contract obligations and AI-related investments grew almost 75% to nearly $700 million between fiscal 2016 and 2018 [Federal News Network].

85% of US CEOs and business leaders are AI optimists; 87% are investing in AI initiatives this year; 82% expect their businesses will be disrupted by AI to some extent within the next three years; 29% said AI will disrupt more than half of their business; 47% see China as the biggest obstacle to the advancement of AI in the US; 33% say employee trust is one of the greatest barriers to AI adoption [EY].

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