A National Bureau of Economic Research working paper, drawing on the Federal Reserve Banks of Atlanta and Richmond's CFO Survey of roughly 750 corporate executives, found that by the end of 2025 more than 40% of US companies still had not invested in AI at all, as of year-end 2025
A National Bureau of Economic Research working paper, drawing on the Federal Reserve Banks of Atlanta and Richmond's CFO Survey, found that 42% of firms had not invested in AI as of year-end 2025. The survey of nearly 750 corporate executives also found that 36% of firms viewed AI technology as too immature, and 36% indicated their workforce was not yet trained to use AI.
Verified 2026-09-12
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Many companies have not yet invested in AI at all, so much of the adoption story is still ahead.
More on Adoption
- Stanford's 2026 AI Index, citing McKinsey's 2025 survey, breaks down AI-agent deployment by business function. Even in IT, the function with the most agent activity, the share of organisations reporting no AI-agent use at all in 2025 was still 69% of organizations report zero AI-agent use in IT, the business function with the heaviest agent activity
- Stanford's 2026 AI Index reports that organizations' use of generative AI specifically, not just AI overall, grew sharply in 2025: the share of organizations that regularly use generative AI in at least one business function reached 79%, up from 71% in 2024
- Stanford's 2026 AI Index compared generative AI's adoption curve after its mass-market debut to that of earlier transformative technologies, and found generative AI reached 53% population adoption within three years, faster than the PC or the internet
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