An MIT study reveals that 95% of generative AI business projects are failing, despite substantial investments. The report highlights a significant divide between AI hype and actual business outcomes, ...
Across the business world, anxiety about AI’s effects on profit margins and job markets has been building for months. This concern reached new heights with the Massachusetts Institute of Technology’s ...
While companies have rushed to adopt AI tools into their work processes, most of these projects haven’t made any impact as only 5% of AI pilots showed growth in revenue. A new MIT study, titled ‘The ...
US companies have invested between $35 billion and $40 billion in generative AI (genAI) projects, but most efforts are stuck in the pilot stage, according to a report from MIT’s NANDA initiative. Only ...
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MIT study finds 95% of generative AI projects are failing: Only hype, little transformation
A new MIT study has cast doubt on the AI gold rush, revealing that 95% of generative AI business projects are failing to deliver meaningful results. Despite more than $44 billion being invested in AI ...
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