Finding return on AI investments across industries

Source: MIT Technology Review – AI

The post-ChatGPT market reveals many AI projects fail to achieve measurable ROI, with 95% of AI pilots reported as unsuccessful. Technology leaders are urged to reconsider the stability and impact of introducing new technologies into their operations, particularly in maintaining data integrity. Traditional deployment strategies hinder progress, as enterprises often resist changing stable systems for new, unproven solutions.

To succeed, enterprises should leverage their proprietary data to enhance AI model performance while ensuring confidentiality and strategic partnerships with vendors. The top-performing AI projects are those that address specific organizational challenges without needing frequent updates to keep pace with evolving models. A focus on integrating AI subtly into existing workflows can provide significant operational benefits without destabilizing business processes.

Additionally, businesses are cautioned against following vendor benchmarks blindly. Instead, they should tailor their AI solutions to their own operational realities and budget constraints to avoid excessive costs. By creating adaptable systems that prioritize real-world usability, companies can better harness the potential of AI technologies without compromising stability or incurring unnecessary expenses.

👉 Pročitaj original: MIT Technology Review – AI