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AI technology is starting to become much more important in our everyday lives. Many businesses are using it as well.

While he has created a lot of controversy in recent months, Elon Musk had some great things to say about AI. Here is one quote from him on the topic:

““The pace of progress in artificial intelligence (I’m not referring to narrow AI) is incredibly fast. Unless you have direct exposure to groups like Deepmind, you have no idea how fast—it is growing at a pace close to exponential. The risk of something seriously dangerous happening is in the five-year time frame. 10 years at most.”

Here are 13 statistics that will help you understand the growing impact that AI is starting to have on our lives, for better or worse.  

Market Growth of AI

There is growing evidence that AI technology is becoming more popular than ever. Here are some statistics that show how the market for AI is growing and the impact that it will have on the domestic and global economy.

• The market size for AI is expected to be worth $1,339 billion by 2030 alone. 
• It has experienced an amazing amount of growth and generated around $214 billion in revenue just in the past year.
• The market for AI will grow the United States GDP by an estimated 21% by 2030
• Over 1 million users signed up to use ChatGPT within the first five days that they were allowed to create accounts.

Concerns About AI

People have also raised concerns about the growing role of AI in our lives.

• One major concern about AI is that it can compromise privacy. One survey from KPMG found that 63% of consumers cited this as one of their major concerns.
• Over three out of four American consumers are concerned about AI helping spread misinformation.
• Many businesses are also concerned about the growing use of AI, even though it has a lot of benefits. A survey from Salesforce found that the top three concerns that marketers raised about AI were accuracy and quality, trust and layoffs.
• B2B marketers are especially interested in using generative AI. One survey found that 85% of them use it and 76% say that they are either satisfied or very satisfied with it.

Ways AI Will Change Our World

AI is also starting to have a huge affect on our everyday lives. Here are some statistics that show how it is going to change the world.

• An estimated one out of every ten cars will be self-driving within the next five years. This is a massive increase from previous years. The global market of autonomous cars is expected to increase from 20.3 million in 2021 to 62.4 million by 2030.
• An amazing number of people with mobile devices use voice search every single day. One survey found that the number of people using voice search is increasing and 50% of U.S consumers with mobile devices currently use it.
• The number of people using voice search lines up with a growing interest in AI assistants. One survey by Grand View Research found that AI assistants is expected to increase 36.6% from 2023 and 2030.

Opportunities for AI in Business

AI has also created a number of opportunities in business, as the following statistics show.

• A Forbes Advisor survey found that nearly two out of every three businesses (64%) expect that AI is going to help them increase productivity.
• Revenue from AI is growing significantly. One survey found that the global market for AI In Marketing was worth around $12.5 billion in 2022 and experts predict it will be worth $72.1 billion by 2030.
  The growing need for automation in marketing drives the market expansion during the projected period.
• AI is helping companies improve their workflows significantly. One survey from InfluencerMarketingHub found that 36% of businesses had already started to use AI in daily workflows in 2024. This is an increase from only 29% the previous year.

AI is Clearly Changing Our World

There is no denying the fact that AI technology is having a huge impact on our lives and the global economy. These statistics have helped put this into context.