Artificial intelligence might be booming on paper, but in the real world, there are signs of a major slowdown.

In their latest biweekly survey of AI adoption, the US Census Bureau found evidence of an obvious drop-off in corporate AI use — the largest since the survey began in November of 2023.

The survey, which compiles data from over 1.2 million firms throughout the US, shows usage of AI tools among companies with over 250 employees dropping from nearly 14 percent in mid-June to under 12 percent in August.

While usage appeared to rise slightly in very small businesses with less than four workers, AI adoption also fell or remained flat in mid-sized companies with less than 250 workers but more than 19.

It's a particularly distressing sign for tech investors and CEOs, whose unfettered

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