Poor ROI is no deterrent for AI-obsessed CIOs
Briefly

Tech investments are often driven by FOMO. Only around half of emerging tech projects deliver value, urging caution. AI investments require risk management to avoid falling short of expectations.
Success in emerging tech research can lead to market leadership, but the success rate is lower than established tech. AI is perceived as high-risk, with a moral pressure to succeed.
Cynicism exists around AI benefits, with concerns about 'AI washing' products to create only superficial changes. Many organizations do not expect tangible ROI from emerging tech projects in the short term.
Past investment failures make businesses cautious. CIOs express skepticism about emerging tech ROI, emphasizing the need for careful consideration before future investments.
Read at ITPro
[
]
[
|
]