Retool Releases Findings from State of AI in Production Survey

The Age of AI: Insights from Retool’s State of AI in Production Survey

Artificial Intelligence (AI) has been a hot topic in recent years, with many touting its transformative potential. However, a recent survey conducted by Retool, a leading platform for internal software development, reveals that while individuals are seeing significant returns on investment from AI tools, businesses as a whole are still struggling to leverage AI effectively.

The survey, which polled 730 technology workers, found that 85.5% of respondents who use AI tools reported a positive impact on productivity. However, when it comes to collective AI adoption within companies, the data tells a different story. There are higher expectations for AI’s utility in internal use cases compared to external ones, and there are mixed feelings about whether AI will replace workers.

According to David Hsu, CEO and founder of Retool, “AI has transformative potential, but the hype around it often overshadows the necessary hard work of identifying and building viable use cases.” He emphasizes the importance of developers in wrangling AI to be consistent and reliable, and highlights the need for companies to invest in software engineering talent to stay competitive.

One interesting finding from the survey is that the real risks of AI adoption are not between humans and machines, but between those that use AI and those that do not. This suggests that broader company-wide AI initiatives could become a competitive advantage rather than a threat to job security.

The survey also revealed that daily use of AI increases with seniority, with C-suite respondents being the biggest daily users of AI. This raises the question of how leadership can lead by example when it comes to AI adoption.

Other key findings from the survey include a decrease in the number of respondents using AI at work in secret, a high adoption rate of copilots and other AI tools, and varying approaches to AI hardware and resource allocation within companies.

Overall, the survey paints a complex picture of AI adoption in the workplace. While there is excitement around AI’s potential, there are still challenges to overcome in order to fully realize its benefits. As businesses continue to navigate the evolving landscape of AI technology, it will be crucial for them to invest in the right talent and resources to drive successful AI initiatives.

To learn more about Retool and their findings from the State of AI in Production survey, visit their website at retool.com.