Did you know Millennials Lead AI Adoption Through Trust, Education, and Technological Exposure

 

AI adoption is fairly new and in its early stages, but younger generations are going to adopt it completely in the future. Just like the people in their 20s who do not know a world without Google, younger generations are also not going to know a world without AI. AI is still improving a lot and it is important to know how younger generations are viewing AI tools in their everyday lives. MSCI created a data-visualization which shows how younger generations are feeling about AI adoption.

Millennials are driving the AI revolution due to educational edge, high acceptance and early exposure to technology. As millennials have higher education than other younger generations, they tend to earn more and learn new skills on the job. People between the ages 35-44 have more education (43%) than any other generation. Millennials are also more likely to trust (42%) and accept AI (40%) than older generations. In comparison, Gen-X shows 37% trust and 31% acceptance of AI. Because of high levels of trust and acceptance, millennials are also more likely to adopt AI technology and find AI useful at work.  

Millennials are also the generation who have lived through many technological innovations throughout their childhood and adult years and that's why they are comfortable and confident in using AI too. Millennials have lived through the first web browser, Bluetooth, iPhone, Amazon Echo and ChatGPT being released through four decades.

The infographic (featured below) also shows that millennials have more sector exposures, comprising communication services (26.9%), consumer discretionary (18.9%), information technology (17.6%) and financials (12.7%). Top five companies which are making products and services targeted at millennials are Apple (5.2%), VISA (4.9%), Meta (4.9%), Amazon (4.8%) and NVIDIA (4.7%).