By 2026, a significant shift in the corporate landscape is anticipated, with 80% of organizations expected to adopt generative AI solutions.

This rapid adoption is projected to continue, as by 2027, 50% of these organizations will utilize specialized AI models.

As a result of this trend, over 100 million people worldwide are expected to rely on robots as digital assistants by 2027.

Research from Deloitte highlights the economic benefits of generative AI, indicating that it can reduce operational costs by over 30% through automation and enhanced productivity.

In line with these findings, the Saudi Data and Artificial Intelligence Authority (SDAIA) has released a report emphasizing the promising economic opportunities presented by generative AI technologies.

In the Gulf region, a McKinsey study found that 75% of surveyed organizations are already leveraging generative AI in key areas such as sales, marketing, and software engineering.

The same study revealed that 57% of organizations allocate approximately 5% of their digital budgets to generative AI, with half having developed implementation plans for its key applications.

Further illustrating the impact of generative AI, a McKinsey survey of over 1,300 companies reported that human resources departments experienced cost reductions between 10% and 37%, while supply chain functions saw profit increases exceeding 6%.

Looking ahead, global spending on generative AI is projected to reach $202 billion by 2028, which will account for 32% of total global AI spending, expected to hit $632 billion.

Generative AI distinguishes itself from traditional AI by enabling complex and creative content creation, including text, images, and simulations, through learning from extensive datasets.