Artificial intelligence has captivated the financial markets and sent the SPDR S&P 500 ETF Trust (NYSE:SPY) into an upward spiral. Even though the S&P 500 is up over 15% through the first half of 2024, only a few firms have reaped generative AI's benefits.
The Data: A post on X relayed data from Goldman Sachs.
Information companies: 15% of firms use GenAI. Projected to grow to over 20% by year-end.
Professional, scientific and technical companies: Around 12% of firms use GenAI. Projected to grow to over 15% by year-end.
Education companies: Around 6% use GenAI. Projected to grow to 12% by year-end.
Finance and insurance companies: Around 5% use GenAI. Projected to grow to 10% by year-end.
Health care companies: Around 5% use GenAI. Projected to grow to over 6% by year-end.
Construction companies: Around 4% use GenAI. Projected to grow to 5% by year-end.
Why it Matters: The data is consistent with the narrative that large information technology companies use generative AI substantially more than any other industry.
While the S&P 500 is up over 15% in 2024, the Invesco S&P 500 Equal Weight ETF (NYSE:RSP) is up under 4%, indicating that just a few large tech companies have moved the needle in the broader S&P 500. The iShares Russell 2000 ETF (NYSE:IWM) is up just 1% year-to-date.
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Artificial intelligence has captivated the financial markets and sent the SPDR S&P 500 ETF Trust (NYSE:SPY) into an upward spiral. Even though the S&P 500 is up over 15% through the first half of 2024, only a few firms have reaped generative AI's benefits.
The Data: A post on X relayed data from Goldman Sachs.
数据:高盛的一篇文章中提到的数据。
Information companies: 15% of firms use GenAI. Projected to grow to over 20% by year-end.
Professional, scientific and technical companies: Around 12% of firms use GenAI. Projected to grow to over 15% by year-end.
Education companies: Around 6% use GenAI. Projected to grow to 12% by year-end.
Finance and insurance companies: Around 5% use GenAI. Projected to grow to 10% by year-end.
Health care companies: Around 5% use GenAI. Projected to grow to over 6% by year-end.
Construction companies: Around 4% use GenAI. Projected to grow to 5% by year-end.
信息公司:15%的公司使用GenAI。预计到年底将增长到20%以上。
专业、科学和技术公司:约12%的公司使用GenAI。预计到年底将增长到15%以上。
教育公司:约6%使用GenAI。预计到年底将增长到12%以上。
金融和保险公司:约5%使用GenAI。预计到年底将增长到10%以上。
医疗保健公司:约5%使用GenAI。预计到年底将增长到6%以上。
建造业公司:约4%使用GenAI。预计到年底将增长到5%。
Why it Matters: The data is consistent with the narrative that large information technology companies use generative AI substantially more than any other industry.
为什么重要:数据与这样一种说法一致:大型信息技术公司比任何其他行业更广泛地使用生成AI。
While the S&P 500 is up over 15% in 2024, the Invesco S&P 500 Equal Weight ETF (NYSE:RSP) is up under 4%, indicating that just a few large tech companies have moved the needle in the broader S&P 500. The iShares Russell 2000 ETF (NYSE:IWM) is up just 1% year-to-date.