Generative AI is catalyzing a significant paradigm shift in various business sectors, enhancing efficiencies broadly and transforming key industries such as healthcare, education, and technology.
MarketsandMarkets predicts substantial growth in the global AI industry, estimating it will reach $1,345.20 billion by 2030, with a CAGR of 36.8%. Infosys Knowledge Institute notes AI can increase enterprise profit by 38% by 2035.
Gartner survey reveals slow adoption of generative AI due to high costs, data complexities, shortage of skilled professionals, and mistrust among startups and technology industries.
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