Close
Artificial intelligence is not yet delivering on its promises, as business leaders express waning enthusiasm for generative AI. A recent Deloitte survey indicates a drop in interest among senior executives, with many AI initiatives still in pilot stages. The majority of organizations have moved less than 30% of their generative AI solutions into production, making it difficult to assess their impact.
The ongoing global experiment with generative AI reveals that companies face various constraints, including governance challenges and talent shortages. While some organizations are successfully leveraging AI for productivity gains, many struggle with defining clear use cases and measuring return on investment. As AI projects evolve, the focus will shift from initial tactical benefits to scaling and demonstrating broader value.
• Interest in generative AI among executives is declining, according to Deloitte.
• Many AI projects remain in pilot stages, limiting their market impact.
Generative AI refers to algorithms that can create new content, such as text or images, based on training data.
ROI measures the profitability of investments in AI, which is crucial for justifying expenditures.
A proof-of-concept is a demonstration to verify that certain concepts or theories can be developed into a viable product.
Deloitte is a global consulting firm that provides insights on AI adoption and its challenges in organizations.
TransUnion specializes in data analytics and is exploring how generative AI can create lasting business value.
Andela focuses on job placement for software developers and emphasizes the importance of leveraging AI effectively.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
Log in
Sign Up
AI Tools - Popular
AI Tools - Categories
GPTs - Categories
AI for Jobs
Key AI Highlights in this Article
Key AI Terms Mentioned in this Article
Companies Mentioned in this Article
