{"id":20388,"date":"2025-05-21T10:39:03","date_gmt":"2025-05-21T10:39:03","guid":{"rendered":"https:\/\/scannn.com\/new-study-shows-open-source-ai-is-catalyst-for-economic-growth\/"},"modified":"2025-05-21T10:39:03","modified_gmt":"2025-05-21T10:39:03","slug":"new-study-shows-open-source-ai-is-catalyst-for-economic-growth","status":"publish","type":"post","link":"https:\/\/scannn.com\/lv\/new-study-shows-open-source-ai-is-catalyst-for-economic-growth\/","title":{"rendered":"New Study Shows Open Source AI Is Catalyst for Economic Growth"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight: 400\">A new study, \u201cThe Economic and Workforce Impacts of Open Source AI,\u201d released today by Linux Foundation (LF) Research and commissioned by Meta, finds that many organizations adopt open source AI models because they\u2019re more cost effective. Two-thirds of organizations surveyed believe open source AI is cheaper to deploy than proprietary models, and nearly half of those organizations cite cost savings as a reason for choosing open source AI.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The immediate economic benefits of open source AI \u2013 used in some form by almost nine out of ten (89%) organizations that leverage AI \u2013 are key to its appeal. <\/span><span style=\"font-weight: 400\">\u201cThe findings in this report make it clear: open source AI is a catalyst for economic growth and opportunity. As adoption scales across sectors, we\u2019re seeing measurable cost savings, increased productivity and rising demand for AI-related skills that can boost wages and career prospects. Open source AI is not only transforming how businesses operate \u2013 it\u2019s reshaping how people work,\u201d said Hilary Carter, SVP of Research at The Linux Foundation.<\/span><\/p>\n<h2>Creating Cost Efficiency<\/h2>\n<p><span style=\"font-weight: 400\">Open AI models like Llama are accessible to anyone at a low cost, or even for free, making it easier for developers to leverage them, drive growth and transform the way they do business. According to the research study, open source AI:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><b>Helps smaller businesses: <\/b><span style=\"font-weight: 400\">The study shows that smaller businesses \u2013 like many of those to whom we awarded this year\u2019s <\/span><a href=\"https:\/\/about.fb.com\/news\/2025\/04\/llama-impact-grant-recipients\/\"><span style=\"font-weight: 400\">Llama Impact Grants<\/span><\/a><span style=\"font-weight: 400\"> \u2013 use agile, low-cost open source AI at a higher rate than larger ones do. Because small and medium businesses are so often the engine of new ideas and products, this shows the value of open source AI in propelling the innovation economy and helping cutting-edge enterprises be more competitive.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Reduces costs: <\/b><span style=\"font-weight: 400\">Researchers estimate that companies would have to spend 3.5 times more if open source software didn\u2019t exist, and that as AI adoption increases, open source models will drive even more cost savings than traditional open source software.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Creates potential revenue gains: <\/b><span style=\"font-weight: 400\">AI\u2019s 50%+ reduction in business unit costs \u2013 for example by simplifying previously complex processes \u2013 suggests that open source AI holds great potential for increasing revenue and helping businesses do more with their resources.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">The report also notes that holding AI-related skills could increase a worker\u2019s wages up to 20%, emphasizing the importance of workforce development in the AI age.<\/span><\/p>\n<p class=\"jetpack-slideshow-noscript robots-nocontent\">This slideshow requires JavaScript.<\/p>\n<h2>Spotlighting Manufacturing and Healthcare<\/h2>\n<p><span style=\"font-weight: 400\">Open source AI is poised to transform several industries, including manufacturing, where the flexibility of open AI models \u2013 the ease of customization stemming from their open source code \u2013 allows them to be smoothly integrated into operational workflows. A report by McKinsey &amp; Company cited in the study predicts that AI will boost the advanced manufacturing industry by $170-$290 billion, for example by automating factory tasks and order management.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Another example is healthcare. Hospital systems and physician practices are resource-limited environments where free and flexible tools like open source AI can save lives by aiding in patient diagnostics and early disease detection. McKinsey projects that the global healthcare sector stands to gain $150-$260 billion in value from AI once it\u2019s applied at scale across business functions.\u00a0<\/span><\/p>\n<h2>Open AI Models Are Becoming the Industry Standard<\/h2>\n<p><span style=\"font-weight: 400\">These data points show how open AI models, like Meta\u2019s Llama, are driving innovation, growth and competition by providing powerful and accessible AI solutions.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The LF report demonstrates \u2013 by the numbers \u2013 how essential open source AI is in establishing a strong, stable and secure economy for the decades ahead. Explore the report to see these economic impacts in <\/span><a href=\"https:\/\/www.linuxfoundation.org\/research\/economic-impacts-of-open-source-AI\"><span style=\"font-weight: 400\">full<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<\/p><\/div>\n<p><script async defer crossorigin=\"anonymous\" src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&#038;version=v5.0\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/about.fb.com\/news\/2025\/05\/new-study-shows-open-source-ai-catalyst-economic-growth\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new study, \u201cThe Economic and Workforce Impacts of Open Source AI,\u201d released today by Linux Foundation (LF) Research and commissioned by Meta, finds that many organizations adopt open source AI models because they\u2019re more cost effective. Two-thirds of organizations surveyed believe open source AI is cheaper to deploy than proprietary models, and nearly half [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20389,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[123],"tags":[],"class_list":["post-20388","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-facebook"],"_links":{"self":[{"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/posts\/20388","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/comments?post=20388"}],"version-history":[{"count":0,"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/posts\/20388\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/media\/20389"}],"wp:attachment":[{"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/media?parent=20388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/categories?post=20388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/tags?post=20388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}