AI came from tech, but the most advanced AI businesses are in every industry | Fortune
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AI came from tech, but the most advanced AI businesses are in every industry | Fortune
"Other tech giants featured on the list included Nvidia, Amazon, Microsoft, and Meta Platforms, a contingent that's spending tens of billions of dollars annually to develop large language models and AI chips to get a competitive edge in the AI arms race. But the AIQ 50 wasn't only dominated by the tech sector. In fact, there were 17 other sectors with representation, including financials, health care, retail, energy, and transportation."
""it's something that is innately democratized to everyone across the organization. It doesn't matter whether you're at the front line, you're the HR director, or you're the CEO. Your ability to use it and figure out ways to improve your lot, as it were, is a lot easier.""
An AIQ 50 ranking highlights substantial AI progress across Fortune 500 companies, led by Alphabet and featuring Nvidia, Amazon, Microsoft, and Meta. Massive spending on large language models and AI chips is fueling competitive advantage. Seventeen non-tech sectors, including financials, health care, retail, energy, and transportation, show meaningful AI adoption. Generative AI adoption differs from prior technologies by producing winners and losers within sectors rather than entire industries lagging. AI functions are widely accessible across organizational roles, enabling frontline workers, HR directors, and executives to apply AI. Johnson & Johnson uses AI across clinical trials, supply chain, recruitment, and surgical assistance.
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