AI in Action Beyond Experimentation to Transform Industry 2025
Page 8 of 30 · WEF_AI_in_Action_Beyond_Experimentation_to_Transform_Industry_2025.pdf
A designer AI application by a leading technology
firm streamlines the design process, enabling
teams to quickly generate diverse and creative
patterns. It considers trends, colour palettes,
best-selling designs and inspirational sources
to help designers craft new patterns with ease.
By analysing historical sales data and customer
feedback, it tailors new collections to a brand’s unique selling point and target audience, ensuring
a balanced mix of commercial, classic and
trendy pieces. With features like multi-reference
style transfer and limitless design variations, the
application empowers design teams to create
visually striking collections adaptable to any
industry, which have a direct impact on sales
and revenue.CASE STUDY 3
AI driving revenue generation
Customers embrace AI for more personalized,
efficient experiences. AI has shifted from being a
unique differentiator to a fundamental requirement
for companies aiming to stay competitive. Tools
and features like chatbots, virtual assistants
and personalized recommendations are now
commonplace, enhancing the shopping experience.
For example, over 70% of customers feel AI improves shopping by saving time and offering
personalized interactions, with 65% believing AI
understands their habits as well as, or better than,
their close friends and family. More than 50% are
interested in AI-guided experiences across various
platforms.11 This shift in customer expectations has
elevated AI from a value-add to a critical capability
for all businesses.
CASE STUDY 4
Virtual assistants
The London Stock Exchange Group uses its AI-
powered Question and Answer Service (QAS) to
help customer service teams deliver faster, more
consistent answers to common client queries. Drawing on multiple algorithms to identify
commonalities in client questions and requests,
QAS effectively addresses thousands of inquiries
daily while reducing resolution time by 50%.12
Swedish video game developer Mojang
Studios uses AI to enhance player personalization
and optimize content recommendations in
its Minecraft Marketplace. Integrating a data
intelligence platform with AI services allows
Mojang Studios to monitor player sentiment on social media, enabling real-time, automated
feedback. This setup processes data 66% faster
than previously possible – thereby allowing
Mojang to better tailor experiences for millions of
Minecraft enthusiasts.13CASE STUDY 5
Enhancing customer experience
Technological advances are enabling
organizations to address increasingly complex
challenges at unprecedented speeds.
Developments like convolutional and recurrent
neural networks are central to modern AI systems,
supported by semiconductor advancements
and cloud computing. Quantum computing,
though nascent, promises to boost AI capabilities
significantly, potentially revolutionizing optimization
and simulation.14 This adaptability has made AI a
tool for innovation across industries, with companies
investing in AI infrastructure, and research and
development (R&D). Examples of this can be seen
across industries, such as financial services using AI for fraud detection and customer service
enhancement and the media industry applying it to
product innovation and content creation.
The potential of AI to transform industries is widely
recognized, with early use cases demonstrating its
promise. However, concerns persist about
companies’ ability to scale AI in a way that drives
true transformation, especially given challenges
such as accuracy, intellectual property protection
and workforce impact. Balancing these ambitions
with a realistic view of AI’s limitations and risks
will be essential as organizations navigate the
complexities of integration, responsible use and
tangible value creation. The shift
in customer
expectations has
elevated AI from
a value-add to a
critical capability
for all businesses.
AI Governance Alliance: Transformation of Industries in the Age of AI 8
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