An IBM survey of 2,000 CEOs reveals that only 25% of AI initiatives have generated expected returns on investment. Despite these disappointing results, CEOs remain optimistic, forecasting a significant increase in AI investmentsâitâs projected to more than double within two years. Many leaders are driven by fear of missing out (FOMO), with 64% adopting AI technologies without clear benefits. Currently, only 16% of AI initiatives have scaled enterprise-wide, indicating challenges in implementation and technology integration amidst a rapidly evolving landscape of generative AI options.
Only 25% of AI initiatives yield expected ROI, according to an IBM survey, revealing a struggle for enterprises to achieve real value despite high expectations.
IBM's findings indicate while FOMO drives adoption of AI across sectors, only 16% of AI initiatives have been successfully scaled enterprise-wide.
The study highlights that despite initial struggles, 61% of CEOs anticipate a doubling in AI investments, signaling persistent optimism in the technology's future.
With the fast pace of AI evolution, organizations grapple with a multitude of disconnected technologies, hindering efficient deployment and increasing overall costs.
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