Focus on the BIG picture.
Saturday, Jul 04, 2026

Rise of Generative AI in Business Sectors Expands Beyond IT

Survey Highlights Rapid Uptake of AI Across Various Corporate Departments
A recent survey by the Wharton School of the University of Pennsylvania and marketing consulting firm GBK Collective reveals that the use of generative artificial intelligence has expanded swiftly across multiple job sectors, including human resources and marketing, within the past year.

The survey, which included responses from 800 business leaders at large corporations, indicated that 72% of decision-makers now report using generative AI at least weekly, a significant increase from 37% in 2023.

Generative AI adoption has notably increased in HR, marketing, and operations, with legal and finance sectors introduced to the survey this year, showing frequent usage close to levels seen in IT.

Key applications of generative AI cited by respondents include document writing, data analytics, customer service, fraud detection, and financial forecasting.

Despite these developments, questions remain about the potential impact of generative AI on employment, with concerns about job displacement versus skill enhancement.

Particularly in purchasing and procurement, nearly all told that AI would enhance skills, whereas nearly 90% in finance predict it might replace some skills.

Overall, the perception of AI is shifting, with a slight increase in leaders seeing it as a tool for skill enhancement rather than merely a replacement.

Wharton's marketing professor Stefano Puntoni, co-author of the report, highlights that the disparity between extreme views of AI as either a threat or a panacea is narrowing.

Organizations continue to experiment with AI to determine the best functional uses.

According to Puntoni, 'This is only the beginning.'
Newsletter

Related Articles

0:00
0:00
Close
South Korea Launches 24-Hour Won Trading to Boost Global Financial Market Access
Israel Strikes Hezbollah Targets in Southern Lebanon Over Alleged Ceasefire Violations
Japan and India Expand Strategic Partnership With New Defense and Technology Agreements
China Rejects US and European Criticism of New Ethnic Unity Law
Record Heat Dome Sweeps Across the United States, Disrupting Travel and Infrastructure
Weak US June Jobs Report Reshapes Federal Reserve Expectations and Sparks Global Market Rotation
Russia Launches Massive Missile and Drone Barrage on Kyiv, Killing 27 in One of the Deadliest Attacks in Months
Luxury bags take over the World Cup: style, status symbol, or just showing off?
Huawei Launches Band 11 Series with Advanced Health Tracking
Garmin Expands Forerunner Smartwatch Lineup in India
OpenAI Introduces Practical 30-Day AI Learning Plan
Defense Drones-as-a-Service Market Gains Global Momentum
Tech and Finance Sectors Face AI-Driven Job Losses
Report Says OpenAI Weighed Offering U.S. Government an Ownership Stake
Security Report Says Russian Shadow Fleet Used Ships to Launch Covert Drone Operations Over Europe
Russia Turns to Indian Gasoline Imports as Ukrainian Strikes Disrupt Domestic Fuel Supplies
United States Moves Ahead with Fighter Engine Sale to Turkey Before NATO Summit
Syria Appoints First Transitional Parliament Since the Fall of Bashar al-Assad
United States and Iran Conclude Indirect Talks During Leadership Transition After Ali Khamenei's Death
Russian Missile and Drone Barrage on Kyiv Kills at Least 27 in One of the War’s Largest Attacks
Violent Protests Erupt in Albania Over Luxury Coastal Development Linked to Jared Kushner
United States Advanced Nuclear Microreactor Reaches Criticality at Idaho National Laboratory
Apple Seeks Approval to Buy Memory Chips From Blacklisted Chinese Suppliers for China Market
OpenAI Chief Sam Altman Proposes Five Percent United States Government Equity Stake
Meta Creates New Cloud Business to Sell Artificial Intelligence Computing Power
United States Declines to Renew North American Trade Pact and Switches to Annual Reviews
Russia Launches Large-Scale Missile and Drone Strikes on Kyiv and Ukraine's Energy Grid
Qatar Reports Progress in Indirect United States-Iran Talks Held in Doha
Global Stocks Fall as Semiconductor Sell-Off Fuels Concerns Over AI Spending
Singapore Seizes More Than $40 Million in Assets in Probe Into Illegal AI Chip Exports to China
Gaza War Reaches 1,000 Days as Ceasefire Efforts Remain Deadlocked
Israel Announces Indefinite Military Control of Security Buffer Zones in Lebanon, Syria and Gaza
Venezuela Earthquake Death Toll Rises Above 2,200 as Humanitarian Crisis Deepens
Russian Missile and Drone Attack on Kyiv Kills Eight and Damages Dozens of Civilian Sites
Colombia's President-Elect Abelardo de la Espriella Pledges El Salvador-Style Security Crackdown
Venezuela Faces Growing Unrest as Earthquake Death Toll Tops 2,000
Record Heatwaves Push North American and European Power Systems to Their Limits
Ukraine Expands Long-Range Drone Strikes on Russian Oil Refineries
United States Partially Restores Anthropic AI Access After Export Restrictions
United States Declines to Renew USMCA During Mandatory Trilateral Trade Review
Global Fuel Shortages Deepen as Strait of Hormuz Remains Closed After Ceasefire Efforts Collapse
Venezuela Earthquake Death Toll Rises Above 1,700 as Humanitarian Crisis Worsens
Xi Jinping Promotes China's Development Model on Chinese Communist Party Anniversary
Classified Documents Allege China Trained Russian Forces in Biological and Chemical Warfare
South Korean Technology Companies Launch $518 Billion Semiconductor Hub for Artificial Intelligence Demand
United States and Iran Begin Indirect Talks in Qatar After Suspension of American Port Blockade
United States Supreme Court Expands Presidential Authority Over Federal Agencies While Preserving Federal Reserve Independence
United States Supreme Court Rejects Effort to Limit Birthright Citizenship
Venezuela Faces Growing Humanitarian Crisis After Twin Earthquakes Trigger Hundreds of Aftershocks
Ukraine Launches Large Drone Strike on Russian Space Communications Facility Near Moscow
×