The first working AI programs were developed some 70 years ago, but it wasn’t until cloud-based tools like ChatGPT hit the market that AI truly began to capture the imagination of both the business community and the public at large.
In 2024, McKinsey reported that 72% of enterprises had already adopted AI. By early 2025, the analyst firm found that over the next three years, 92% of companies are planning to increase their AI investments, many of them seeking a piece of the estimated $4.4 trillion in productivity growth AI is expected to…
