In the September 2023 Tax Insight survey, businesses were asked is your business looking at harnessing Artificial Intelligence (AI)?

In the September edition of the Tax Insight survey, businesses were queried about their engagement with Artificial Intelligence (AI), revealing a spectrum of responses that offer a glimpse into the adoption landscape. 

• Notably, 39% of respondents affirmed that their businesses are already harnessing the power of AI, showcasing a proactive integration of cutting-edge technology. 
• Another 24% expressed affirmative interest, indicating an openness to incorporating AI solutions in the future.
• However, a sizable 37% of participants reported that their businesses are currently not exploring AI applications. 

This diversity in responses underscores the varied approaches businesses are taking toward AI adoption, reflecting a nuanced landscape where innovation coexists with varying degrees of readiness among enterprises.