The Business Times
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CIO CORNER

AI powers on despite global uncertainty

Its potential to generate sustainable earnings in a volatile market could make it the next big thing

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    • In the first quarter of this year, 87% of S&P 500 companies in the IT and communication services sectors reported better-than-expected earnings.
    • In the first quarter of this year, 87% of S&P 500 companies in the IT and communication services sectors reported better-than-expected earnings. PHOTO: AFP

    Lui Chee Ming

    Published Tue, May 27, 2025 · 06:05 PM

    THE artificial intelligence (AI) machine maintains its upward momentum with growing adoption across multiple sectors, despite tariff uncertainty and geopolitical tensions taking centre stage.

    A Bain & Company survey found that 95 per cent of US companies are using generative AI, with production use cases doubling in just one year. In addition, more than 80 per cent of the use cases met or exceeded expectations.

    Momentum in not just the private sector

    In a historic first, the US Food and Drug Administration (FDA) announced that it would scale up the use of AI internally across all its centres by end-June, following the completion of a pilot for scientific reviewers.

    CIO CornerArtificial Intelligence

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