For a considerable time, Artificial Intelligence has played a significant role in our daily lives. There has been more widespread acceptance, improvements, smarter technologies, a much bigger AI market size, and much more.

Even if AI is more visible in some areas than others, its influence has grown enough for many to realize it is here to stay.

One of those areas where AI has exerted its prominence is in Writing. Not only does AI generate unique content, but it can also do so in different tones and languages while improving existing content.

There are already numerous AI writing tools available today, with examples including Jasper, Rytr, Copy.ai, Copysmith, and so on. In addition, technologies like machine learning, natural language processing, and the recent development of GPT-3 technology have also added more excitement.

Keeping track of all the developments can be challenging, but do not worry. These AI writing Statistics will reveal the essential history, the present, and what to expect from AI as far as writing is concerned.

Editor’s picks:

• The global AI market size reached $136.6 billion in 2022, and it is expected to grow by 38.1% CAGR to reach $1,811.8 billion by 2030.
• 72% think that AI can handle repetitive tasks.
• About 71% of surveyed individuals say AI is a smarter technology and can generate more innovative ideas than humans.
• AI is capable of increasing the productivity of a business by 40%.
• Researchers estimate that the AI writing market will grow beyond $250 billion by 2022.
• Forecasts from Statista estimate that AI will eliminate around 1.8 million jobs while creating another 2.3 million in 2022.

Global AI Market Size Statistics

The global AI market size is already huge, but indications are pointing to the fact that it will continue to grow. AI growth will give rise to more effective problem-solving and of course, usage, especially for everyday tasks. To back it up are the statistics below.

• 72% think that AI can handle repetitive tasks.
• The market size for artificial intelligence is estimated to grow by 38.1% CAGR to reach $1,811.8 billion by 2030.

AI Usage Statistics for Writing

AI usage statistics point to a high level of adoption for writing and related tasks, such as mistake checking, plagiarism checking, summarizing, etc. That’s why the tools continue to grow alongside the market itself.

• According to TechCrunch, Jasper AI, one of the biggest providers of AI writing, is worth a market valuation of $1.5 billion.
• Another AI writing giant, Grammarly, is valued at $13 billion after a $200 million raise from new investors in November 2022.
• Over 30 million people use Grammarly every day. That includes 30 million individuals and 50,000 teams.
• Natural Language Processing (NLP) will be worth $341.7 billion by 2030.

NLP is one of the leading technologies behind artificial intelligence writing. It is expected to grow at a CAGR rate of 27.6%, with leaders like IBM, Hewlett-Packard, Apple Inc, Oracle, Microsoft, etc.

Among those who have already started using artificial intelligence for writing, AI is already an essential tool for most of them, with many others searching for more ways to incorporate the technology.

• 61% of marketers maintain that artificial intelligence is the most critical factor in their data strategy.
• 87% of AI adopters among companies are using or plan to use it in email marketing and sales forecasting.
• About 71% of surveyed individuals say AI is a smarter technology and is able to generate more innovative ideas than humans.

Statistics on the Benefits of AI Writing

The huge AI market and wide usage are convincing enough for anyone considering adopting AI. However, for additional conviction, the statistics below will highlight the benefits you can expect to derive from AI adoption.

• AI is capable of increasing the productivity of a business by 40%.
• 44% of businesses that use AI say the technology has helped them decrease operational costs, while most believe it has also improved their revenue.
• Research by Harvard Business Review reports a 50% increase in leads for businesses that use AI in sales, a 60 – 70% reduction in call time, and 40 – 60% savings in cost.
• Content writing expert Matthew Ramirez revealed that he’s been able to reduce the time spent on content creation by 80 – 90% by employing AI writing tools to create an outline for blog posts and expand the ideas.
• Artificial intelligence can give you up to ten times boost to your content writing output.
• Some AI writing tools need only 30 seconds to generate up to 1500 words.
• The new AI modeling technology, GPT-3, can make sense of around 2,048 words. It also follows word sequence rather than trigrams.

Statistics on the Potential of AI Writing

AI writing technology and tools bring a lot of possibilities to marketing and day-to-day tasks. Artificial intelligence (AI) creates opportunities for businesses that were previously missed and introduces new possibilities for growth. It simplifies the process of utilizing these opportunities.

The AI writing statistics below will throw more light on this topic.

• Over 40% of content writers say the most challenging task is producing high-quality content. 20% say writing enough content is the most challenging while 18% say it is a limited budget.

• Publishing content 2-6 times per week can get you 50% more clicks.
• Over 60% of bloggers do not update their posts, leaving only around 40% with regular updates.

Creating high-quality articles, publishing blog posts regularly, and updating posts regularly are challenging tasks for businesses and writers. However, with artificial intelligence, they can get the help they need to solve these problems.

• Research shows that 40% of B2B companies work without a reliable and properly documented content marketing strategy.
• 65% of marketers in a survey do not have a tangible key performance index (KPI) for their content writing process.
• Three in every four large companies outsource their content writing tasks, and it comes with its challenges.

Apart from writing the posts, AI can also create effective content strategies and provide ways to achieve them.

So, how much AI growth should you expect in the near future? These AI writing statistics should give us the necessary hints.

• Researchers estimate that the AI writing market will grow beyond $250 billion by 2022.
• The natural language processing (NLP) market is expected to experience a 14x growth between 2017 and 2025.
• Artificial intelligence is expected to contribute as much as $15.7 trillion to the global economy by 2030, representing a 26% boost in local economies.
• 70% of B2B marketers are expected to pump more budget into content marketing in 2022 since it helps them rake in three times more leads than traditional strategies.
• It is also expected that close to 50% of companies will add more numbers to their content team in 2022.

Statistics on the Risks of AI

There are certain risks associated with AI growth, but we can assure you there’s no cause for alarm.

• Forecasts from Statista estimate that AI will eliminate around 1.8 million jobs while creating another 2.3 million in 2022.

While it will create more jobs than it will eliminate, it is still important to acknowledge the negative aspect, especially since it might affect certain groups.

• In three years, the jobs lost as a result of artificial intelligence may be up to 85 million, while the generated jobs can reach 97 million.
• According to data from McKinsey, as much as 30% of the worldwide workforce may be replaced by robots by 2030.

We are already witnessing how AI will take over some jobs, including writers. Some people who hired writers in the past no longer need to do so since they can outsource some of the tasks to AI writing tools.

The emergence of tools like Grammarly also means less dependence on proofreaders and editors. It is essential to note that AI will only be able to partially take over the job of writers. Instead, it helps them work faster and better.

Conclusion

The AI writing statistics above prove that the AI market is on an upward trend and that we can expect AI growth to be continuous. They also show how necessary artificial intelligence is for writers, marketers, and businesses.

While there are risks associated with the increasing AI market size, they are nothing compared to the benefits and the numerous possibilities that AI presents. So, it is time to start using AI for your writing if you’re not doing so.

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