AI adoption among US companies stands at 18.9%, while AI-related investment in the US national accounts has continued to rise and is now $325 billion above its 2022 level, according to a Goldman Sachs report. This investment is equivalent to 1.1% of US gross domestic product (GDP).
AI adoption is expected to rise to 22.3% over the next six months, based on data from the Census Bureau's Business Trends and Outlook Survey. Information services, professional services, education, and finance and insurance firms continue to lead AI adoption.
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"At a detailed industry level, computing and web hosting firms report the highest use of AI today at 60%, while broadcasting firms report the largest expected increase in adoption over the next six months," Goldman Sachs said.
Larger firms remain at the forefront, with companies employing more than 250 people reporting 35.3% adoption, while businesses with 20-49 employees recorded the largest increase in adoption since the brokerage's previous update. Other business surveys also indicate that AI adoption is rising across firms in the Asia-Pacific and Europe, Middle East and Africa (EMEA) regions.
The brokerage noted that employment in certain AI-exposed roles - including marketing, graphic design, customer service, and technology - is contracting by around 5,000 jobs per month, and tech's share of total employment continues to decline relative to pre-2022 trends.
Despite this, Goldman Sachs said AI's impact on the broader labour market remains limited.
"There is no meaningful correlation between AI adoption and other labour-market slack measures, and only 4,600 employees were affected by corporate layoffs attributed to AI in February," it added.
Construction jobs linked to the data-centre build-out have increased by 212,000 (2.12 lakh) since 2022, outperforming broader construction-employment trends. The share of AI-related job postings is also continuing to rise in major designated markets, particularly Canada, the report said.
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Goldman Sachs also observed large productivity gains in the limited areas where generative AI has been deployed.
"Academic studies imply a 23% average uplift in productivity, while company anecdotes suggest slightly larger efficiency gains of around 33%," the report said.
Industries with higher AI-adoption rates are now showing a modest acceleration in productivity growth over the past year, according to official US data.
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