![Jennifer Rudden](https://cdn.statcdn.com/static/../CMS/contactperson/ERI1028_1704457226.png)
Degree of expected impact on industry processes by generative AI worldwide 2023
In 2023, the insurance industry was noted to be the second most impacted industry worldwide by generative Artificial Intelligence (AI). Banking took the top spot, with a 54 percent higher potential for automation. Chemicals and life sciences ranked the least likely to have generative AI impacting industry processes.