AI adoption drops at large US companies for the first time since 2023
Despite enterprise AI hype, 95 per cent of US companies report no revenue gains, while adoption among large firms shows signs of decline.
Despite the hype surrounding AI, new data suggests corporate adoption of AI is slowing.
A biweekly survey by the US Census Bureau found AI use among firms with over 250 employees dropped from nearly 14 percent in mid-June to under 12 percent in August, marking the largest decline since the survey began in November 2023.
Smaller companies with fewer than four workers saw a slight increase, but mid-sized businesses largely reported flat or falling AI adoption. The findings are worrying for tech investors and CEOs, who have invested heavily in enterprise AI in the hope of boosting productivity and revenue across industries.
So far, up to 95 per cent of companies using AI have not generated new income from the technology.
The decline comes amid underwhelming performance from high-profile AI releases. OpenAI’s GPT-5, expected to revolutionise enterprise AI, underperformed in benchmark tests, while some companies are rehiring human staff after previously reducing headcount based on AI promises.
Analysts warn that AI innovations may have plateaued, leaving enterprise adoption struggling to justify prior investments.
Unless enterprise AI starts delivering measurable results, corporate usage could continue to decline, signalling a potential slowdown in the broader AI-driven growth many had anticipated.
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