EY on AI: From Insight to Impact

The AI Investment Tsunami

Artificial Intelligence isn't just a trend; it's a seismic shift in capital allocation. Venture capital is flowing into AI at an unprecedented rate, reshaping the entire tech landscape and creating a clear divide between AI-native companies and the rest of the field.

Q2 2024 VC Investment

$42.9B

A 29% increase quarter-over-quarter, overwhelmingly driven by a few massive AI deals.

AI's Share of VC Funding (Q2 2024)

IT Sector Dominance

Fueled by AI, the IT sector attracted nearly half of all VC funding in Q2 2024.

The Adoption Gap: Ambition vs. Reality

While leaders across sectors recognize AI's transformative potential, a significant gap exists between strategic ambition and on-the-ground implementation. Key barriers, especially in the public sector, are slowing the pace of true integration.

The Ambition

Government executives who see significant savings and enhanced services from AI.

The Reality

Organizations that have actually integrated AI across their operations.

Top Barriers to Adoption

1

Data Privacy & Security

Cited by 62% of executives as a primary concern.
2

Lack of Skilled Talent

Finding and retaining personnel with AI expertise is a major challenge.
3

Uncertain ROI

Difficulty in building a clear business case for investment.

The ROI is Real: AI Delivers Tangible Value

Despite implementation challenges, the vast majority of organizations investing in AI are reaping significant rewards. The data shows a clear and positive return on investment across a wide spectrum of critical business functions.

97% of Senior Leaders Report Positive ROI From AI

Leaders see the greatest impact in the following areas:

A Human-Centric Future

The C-suite view is clear: AI is a powerful tool to augment human potential, not replace it. While CEOs embrace AI as a force for good, they simultaneously stress the non-negotiable need for ethical guardrails, robust governance, and meaningful human oversight.

The Oversight Imperative

89%

Of senior leaders believe that built-in human intervention will always be crucial for AI systems, regardless of their sophistication.

Top CEO Concerns for AI Adoption

EY's Strategic Playbook: The EY.ai Platform

To bridge the gap from insight to impact, EY provides a unifying platform—EY.ai—designed to help organizations embed AI responsibly and strategically to create exponential value while putting humans at the center.

1

Build Confidence

Leverage robust frameworks, risk assessment, and governance models that instill confidence and empower a responsible transformation rooted in ethical AI principles.

2

Create Exponential Value

Utilize the EY.ai Value Accelerator to identify high-impact use cases, optimize performance, enrich customer experiences, and unlock new sources of sustainable growth.

3

Augment People Potential

Create a future where seamless people-AI collaboration drives extraordinary outcomes, empowering the workforce with new tools and opportunities for innovation.