According to Tokyo Shoko Research, design industry bankruptcies surged 2.7 times year-on-year due to in-sourcing driven by generative AI, eliminating companies lacking uniqueness.
- •Bankruptcies in the design industry with liabilities over 10 million yen increased 2.7 times year-on-year.
- •The spread of generative AI is accelerating the trend of in-sourcing design work.
- •Companies with low uniqueness or added value are increasingly being eliminated from the market.