Domo Releases “Data Never Sleeps: AI Edition” Infographic

Rhea-AI Summary

Domo (Nasdaq: DOMO) has released a special AI-focused edition of its annual Data Never Sleeps (DNS) infographic. This report highlights the significant impact of AI on data generation and everyday life. Key findings include:

- $293,000 is spent globally on AI every minute
- 1,389 images are generated by Dall-E 2 every minute
- 19,028 images are created by other text-to-image platforms every minute
- 7,431 minutes of AI-generated video are created every minute
- 35 new cars with hands-free automation are sold each minute
- Employees save 467,882 hours of work using ChatGPT every minute
- 52 college papers are flagged for AI plagiarism on Turnitin every minute
- Up to 185 gallons of water are used to cool ChatGPT supercomputer every minute

The report emphasizes the growing influence of AI across various sectors and its resource requirements.

Positive

• Release of AI-focused Data Never Sleeps infographic, showcasing Domo's expertise in data analysis
• Highlighting the significant impact of AI on various industries, potentially increasing interest in Domo's AI-related products
• Mention of Domo.AI being used by customers, indicating product adoption

Negative

• None.

This AI-focused edition of the annual Data Never Sleeps report found that $293k is spent globally on AI every minute

SILICON SLOPES, Utah--(BUSINESS WIRE)-- Today Domo (Nasdaq: DOMO) unveiled a special edition of its popular Data Never Sleeps (DNS) infographic, focused on the proliferation of artificial intelligence (AI). An extension of Domo’s award-winning annual DNS report, this AI Edition provides a deeper dive into the immense amount of AI data generated every minute and the impact this brings into our everyday lives.

"When ChatGPT brought LLMs into the spotlight, it opened everyone’s eyes to just how impactful AI can be. We’ve seen a flood of AI applications emerge as a result,” said Ben Schein, SVP of Product at Domo. “Domo has reported on data volumes for over a decade and the way AI has impacted data creation rivals that of the early days of social media platforms. This special AI edition gives a glimpse at just how much volume we’re seeing in this AI boom.”

Some highlights from the "Data Never Sleeps: AI Edition" report include:

Automation Domination: Moving beyond conversational use cases, users are increasingly using LLMs to design, drive and more. Every minute, Dall-E 2 generates 1,389 images and 19,028 are created by other text-to-image platforms, while 7,431 minutes of AI-generated video are created. Worldwide today, 35 new cars with hands-free automation are sold each minute.

Pros and Cons of AI: While AI is incredibly beneficial for many scenarios, other applications are not so noble. Every minute, employees save 467,882 hours of work using ChatGPT. However, some are taking advantage of its writing capabilities for schoolwork, with 52 college papers flagged for AI plagiarism on Turnitin every minute.

The Price We Pay: Nothing is free, especially when it comes to technology, where $293K is spent on AI every minute. In addition to the monetary expenses, up to 185 gallons of water are used to cool down the heat generated from ChatGPT supercomputer’s computational power.

“The data highlights the various ways AI is impacting all facets of life, from simple to complex tasks, and the resources it takes to support its computing power,” continued Schein. “We’re just in the beginning of this new era and with our own customers using Domo.AI, we’re experiencing firsthand the power that AI and data bring to unlocking business impact.”

For more information and to view the full “Data Never Sleeps: AI Edition" infographic, visit here.

About Domo

Domo puts data to work for everyone so they can multiply their impact on the business. Our cloud-native data experience platform goes beyond traditional business intelligence and analytics, making data visible and actionable with user-friendly dashboards and apps. Underpinned by AI, data science and a secure data foundation that connects with existing cloud and legacy systems, Domo helps companies optimize critical business processes at scale and in record time to spark the bold curiosity that powers exponential business results.

For more information, visit www.domo.com. You can also follow Domo on LinkedIn, X and Facebook.

Domo is a registered trademark of Domo, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240723870149/en/

Cynthia Cowen

PR@domo.com

Source: Domo

FAQ

What are the key findings of Domo's 'Data Never Sleeps: AI Edition' infographic?

Key findings include: $293,000 spent globally on AI every minute, 1,389 images generated by Dall-E 2 per minute, 19,028 images created by other text-to-image platforms per minute, 7,431 minutes of AI-generated video created per minute, and 35 new cars with hands-free automation sold each minute.

How much time do employees save using ChatGPT according to Domo's AI report?

According to Domo's 'Data Never Sleeps: AI Edition' report, employees save 467,882 hours of work using ChatGPT every minute.

What are some environmental impacts of AI mentioned in Domo's (DOMO) report?

Domo's report mentions that up to 185 gallons of water are used every minute to cool down the heat generated from ChatGPT supercomputer's computational power.

How many college papers are flagged for AI plagiarism per minute according to Domo's AI infographic?

According to Domo's 'Data Never Sleeps: AI Edition' infographic, 52 college papers are flagged for AI plagiarism on Turnitin every minute.