America Counts: Stories Behind the Numbers

Artificial intelligence (AI) is all the buzz these days, but a U.S. Census Bureau survey shows the technology is yet to be widely adopted by businesses.

Only 3.8% of businesses reported using AI to produce goods and services, according to the most recent Business Trends and Outlook Survey (BTOS) but it is more widely used in certain industries such as information and tech sectors.

The BTOS provides a bi-weekly snapshot of AI and its use by businesses. In September, we began asking businesses about their current and planned future use of artificial intelligence in addition to other key items such as revenues, employees, hours and inventories.

The BTOS measures business conditions and projections on an ongoing basis and is representative of all nonfarm employer businesses in the 50 states, the District of Columbia and Puerto Rico.

Continue reading?to learn more about:

• Defining AI
• Future AI adoption by businesses

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