As corporate spending on artificial intelligence systems is set to pass $50 billion this year, the vast majority of companies may not be seeing much return on that record investment.
In a survey of more than 3,000 company managers about their AI spend, only 10% reported significant financial benefits from their investment so far, the new report from MIT Sloan Management Review and Boston Consulting Group found.
{"transport": {"beacon": true, "xhrpost": false},"requests": {"ampeos": "https://pagead2.googlesyndication.c...epth}&msd=${maxScrollDepth}&avms=ampa"},"triggers": {"endOfSession": {"on": "visible","request": "ampeos","visibilitySpec": {"reportWhen": "documentExit","selector": ":root","visiblePercentageMin": 50}}}}googqscp.init([[[[null,1000,99,2,4,null,null,null,1],[null,500,99,2,9,null,null,null,1]]]]);
(function(){/* Copyright The Closure Library Authors. SPDX-License-Identifier: Apache-2.0 */ 'use strict';var e=this||self;function f(a,b,c){return a.call.apply(a.bind,arguments)}function h(a,b,c){if(!a)throw Error();if(2=b||0>=c||0>g||0>d?!0:g>=this.g.left&&b-g>=this.g.right&&d>=this.g.top&&c-d>=this.g.bottom}}b||(a.preventDefault?a.preventDefault():a.returnValue=!1)}};function C(a,b){b||(b="");b=new B(b);b.h=a;a=b.h;var c=k(b.i,b);a.addEventListener&&a.addEventListener("click",c,!1);return b}var D=["googleInitIc"],E=e;D[0]in E||"undefined"==typeof E.execScript||E.execScript("var "+D[0]);for(var F;D.length&&(F=D.shift())D.length||void 0===C?E[F]&&E[F]!==Object.prototype[F]?E=E[F]:E=E[F]={}:E[F]=C;}).call(this);googleInitIc(document.body,'10,10,10,10');{"uid":0.5213899994288959,"hostPeerName":"https://www.forbes.com","initialGeometry":"{\"windowCoords_t\":0,\"windowCoords_r\":375,\"windowCoords_b\":622,\"windowCoords_l\":0,\"frameCoords_t\":3013,\"frameCoords_r\":488,\"frameCoords_b\":3263,\"frameCoords_l\":188,\"posCoords_t\":2569,\"posCoords_b\":2819,\"posCoords_r\":488,\"posCoords_l\":188,\"styleZIndex\":\"\",\"allowedExpansion_r\":75,\"allowedExpansion_b\":372,\"allowedExpansion_t\":0,\"allowedExpansion_l\":0,\"yInView\":0,\"xInView\":0.6233333333333333}","permissions":"{\"expandByOverlay\":true,\"expandByPush\":true,\"readCookie\":false,\"writeCookie\":false}","metadata":"{\"shared\":{\"sf_ver\":\"1-0-37\",\"ck_on\":1,\"flash_ver\":\"26.0.0\",\"canonical_url\":\"https://www.forbes.com/sites/davidj...on-artificial-intelligence-with-few-results/\",\"amp\":{\"canonical_url\":\"https://www.forbes.com/sites/davidj...on-artificial-intelligence-with-few-results/\"}}}","reportCreativeGeometry":true,"isDifferentSourceWindow":false,"sentinel":"0-24671829953441234510","_context":{"ampcontextVersion":"2101212155000","ampcontextFilepath":"https://3p.ampproject.net/2101212155000/ampcontext-v0.js","sourceUrl":"https://www.forbes.com/sites/davidj...th-few-results/amp/?__twitter_impression=true","referrer":"https://t.co/rtWfcoOSmx?amp=1","canonicalUrl":"https://www.forbes.com/sites/davidj...-on-artificial-intelligence-with-few-results/","pageViewId":"66","location":{"href":"https://www.forbes.com/sites/davidj...n-on-artificial-intelligence-with-few-results
But with AI’s promise of large-scale business savings and improvements, companies aren’t likely to stop investing in the technology soon. The BCG and MIT researchers found that 57% of companies said they’ve deployed or
For those projects to pay off, Khodabandeh says more AI adopters will need to rethink how the tech is integrated within their businesses. “There’s clearly a lot of hype,” he says. “And some of that hype comes out in the data.”
- Forums
- ASX - By Stock
- 2020 BRN Discussion
As corporate spending on artificial intelligence systems is set...
-
- There are more pages in this discussion • 4,028 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRN (ASX) to my watchlist
|
|||||
Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $333.6M |
Open | High | Low | Value | Volume |
17.0¢ | 18.0¢ | 16.8¢ | $1.713M | 9.977M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 308539 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 1292113 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 308539 | 0.170 |
55 | 2453298 | 0.165 |
107 | 2588883 | 0.160 |
31 | 995930 | 0.155 |
99 | 2604716 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 1292113 | 14 |
0.180 | 1422564 | 19 |
0.185 | 867617 | 29 |
0.190 | 843138 | 14 |
0.195 | 762929 | 10 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
BRN (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online