Signal About 10% of US firms use AI to produce goods and services

Summary

Eurasia Group cites Census Bureau data showing that only around 10% of US firms use AI in producing goods and services. Adoption has therefore been uneven despite rapid progress at the frontier. Many firms report notable productivity gains, yet survey evidence indicates most have not yet seen a meaningful effect on profits. The report argues that real productivity growth will come through wide diffusion across the economy, which takes time. The gap between slow adoption and markets that have priced in a revolution is part of what drives the monetisation pressure the report warns about.