IT decision makers unconvinced of returns from AI investment
Briefly

A Lenovo-commissioned survey involving nearly 3,000 business executives reveals significant hesitance among decision-makers regarding AI investments, with 37% expressing doubts about purchase agreements. The report indicates that while there have been some successful AI applications, only 5% of respondents have adopted AI across their organizations. Despite the potential benefits seen in IT, software development, and marketing, quantifying AI's return on investment is challenging, creating a disconnect between heavy investment in AI from major firms like Microsoft and Google and the reservations of business leaders.
Research by Lenovo shows that many business leaders doubt AI's ROI, with 37% hesitant to finalize purchases, despite significant investments from tech giants.
While AI adoption is on the rise, only 5% have fully integrated it, highlighting that proving its value remains a significant challenge for companies.
Read at Theregister
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