Fri Nov-3-2023: AI Gold Rush: Companies Reaping Huge Returns and Salary Surges, OMB asks about AI

In this episode, we discuss the AI gold rush and its impact on businesses. According to a study by IDC, companies are reaping 3.5 times returns on their AI investments, with a return on investment within 14 months on average. The report also highlights how generative AI is driving increased interest and investment in the technology. Additionally, the Oxford Internet Institute conducted a study that found AI skills and knowledge can increase a worker's salary by up to 40%. The study examined over 1,000 skills in 25,000 workers, showing the positive impact of AI-related knowledge on potential salaries. Three things to know today 00:00 The AI Gold Rush Pays: Companies Reap 3.5x Returns & Salaries Surge by 40% [https://www.businessof.tech/2023/11/03/the-ai-gold-rush-pays-companies-reap-3-5x-returns-salaries-surge-by-40/] 04:50 Federal AI Blueprint Draws Industry Eyeballs as OMB Solicits Public Wisdom [https://www.businessof.tech/2023/11/03/federal-ai-blueprint-draws-industry-eyeballs-as-omb-solicits-public-wisdom/] 07:58 Watermarking, the AI Apocalypse, & Adult Content Leveraging AI [https://www.businessof.tech/2023/11/03/watermarking-the-ai-apocalypse-adult-content-leveraging-ai/] Advertiser: https://movebot.io/ Looking for a link from the stories? The entire script of the show, with links to articles, are posted in each story on https://www.businessof.tech/ Do you want the show on your podcast app or the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/subscribe/ Support the show on Patreon: https://patreon.com/mspradio/ Want our stuff? Cool Merch? Wear "Why Do We Care?" - Visit https://mspradio.myspreadshop.com [https://mspradio.myspreadshop.com/] Follow us on: LinkedIn: https://www.linkedin.com/company/28908079/ YouTube: https://youtube.com/mspradio/ Facebook: https://www.facebook.com/mspradionews/ Instagram: https://www.instagram.com/mspradio/ TikTok: https://www.tiktok.com/@businessoftech

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