The article discusses the significant untapped economic potential of AI, urging leaders to tackle new AI tools and models despite initial challenges. A survey shows that only 25% of AI initiatives yield expected ROI, causing some hesitation among CEOs. However, examples from firms like JPMorgan Chase, which claims to have generated $2 billion in AI value, and BNY's innovative AI tool reflect encouraging improvements. Initiatives across various sectors demonstrate AI’s capacity for enhancing corporate learning and optimizing operations, even in areas like recycling, emphasizing the importance of AI adoption for future growth.
The 240-year-old bank BNY has embraced AI as well, launching an internal tool called Eliza to help its employees build their own AI agents, and it is partnering with OpenAI to collaborate on financial services use cases.
A recent IBM survey of 2,000 global CEOs found that while leaders are still confident that AI is pivotal to their future, only 25% of their current AI initiatives delivered the returns on investment they had hoped for.
Collection
[
|
...
]