A minority of businesses have won big with AI. What are they doing right?
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A minority of businesses have won big with AI. What are they doing right?
"Many businesses have had to learn in recent years that adopting AI to automate certain organizational tasks or employees' day-to-day workflows won't necessarily translate to financial gain. The technology may make workers more productive in some respects, but it also presents a whole host of risks -- some of them involving cybersecurity, some of them legal, some of them psychological. In some cases, AI actually creates more work for supervisors."
"There's now a growing pile of evidence that most businesses -- almost all of them, in fact -- have been struggling to achieve meaningful ROI through their internal AI efforts. Most infamously, a MIT study published in August found that 95% of businesses' AI initiatives have essentially gone nowhere, while a recent study from Atlassian showed that even more (96%) "have not seen dramatic improvements in organ"
Cisco's third annual AI Ready Index surveyed more than 8,000 business leaders across twenty-six countries to identify factors behind early AI success and stagnation. Most businesses struggle to convert AI adoption into financial gain, with studies finding roughly 95–96% of initiatives failing to yield significant ROI. AI can boost productivity but also introduces cybersecurity, legal, and psychological risks and can increase supervisory workload. Successful 'pacesetter' organizations emphasize long-term stability, build trust in AI systems, and treat AI as an operating-system-level capability integrated into core processes and governance. Adopters often automate tasks or workflows without sufficient governance or clear ROI measurement.
Read at ZDNET
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