Snake Oil? Some of it certainly is. MIT report: 95% of generative AI pilots at companies are failing | Fortune
Companies are betting on AI—yet nearly all enterprise pilots are stuck at the starting line.
I've lost track of the number of times I've heard management say that the next technology is going to revolutionize information tech. And the truth is I think we built better systems when the interface was a green, non-graphical screen, and a typewriter keyboard. We had to think about what we were building.
Despite the rush to integrate powerful new models, about 5% of AI pilot programs achieve rapid revenue acceleration; the vast majority stall, delivering little to no measurable impact on P&L.
The phrase, "Good money after bad" keeps coming to mind.
Hat tip to Pixy Misa at Ambient Irony:
You gotta pump those numbers up.
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