Economist at Ramp Economics Lab @tryramp. Writing and analysis of AI, business spend, and the economy at https://t.co/rFk0ZcjkR3. Prev economics lead @square @cashapp
Jul 7 • 4 tweets • 2 min read
NEW: Paid AI adoption *fell* 0.5% in the latest Ramp AI Index measurement of U.S. businesses. @tryramp
Declines led by tech and finance sectors. Health care and manufacturing adopting *more* AI.
We're seeing more businesses switch to free, sometimes less advanced AI tools as pricing fatigue hits customers.
We saw this happen last week when Cursor rolled back it's new pricing model