Is AI Really Taking Over Businesses?

AI adoption varies significantly by sector, with 46% of IT firms utilizing the technology compared to just 9% in hospitality.

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Businesses are rapidly adopting AI, but the pace varies significantly by industry. 46% of Information Technology companies use AI, compared with just 9% of Food Services and Accommodation businesses. Manual and service-heavy industries may take longer to adopt AI, even as its applications expand well beyond technology. Other industries already above the 22% average include Professional & Technical Services, Finance & Insurance, Education, Real Estate, and Health Care & Social Assistance.

Source: Guide to the Markets; August 2026

This graph was produced by Lucas Juery, CFA, CFPⓇ and is not intended to provide financial advice.

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