There’s a stark difference in success rates between companies that purchase AI tools from vendors and those that build them internally.

Despite the rush to integrate powerful new models, about 5% of AI pilot programs achieve rapid revenue acceleration; the vast majority stall, delivering little to no measurable impact on P&L.

The research—based on 150 interviews with leaders, a survey of 350 employees, and an analysis of 300 public AI deployments—paints a clear divide between success stories and stalled projects.

  • JumpyWombat@lemmy.ml
    35·
    2 days ago

    Like any technology before it, now we are beyond the hype in the area where lots of clueless people expects miracles and complain about the number of Rs in strawberry.

    In one year or two it will be a regular tool like any other.

    • ameancow@lemmy.worldEnglish
      6·
      2 days ago

      Okay but we’re talking about economics here, not the “tool” specifically. I think some people are so hung up on knee-jerk defensiveness of AI that they lose sight of everything but promoting it.

      • JumpyWombat@lemmy.ml
        12·
        2 days ago

        About 90% of tech startups fail. It happens all the time because it’s in the nature of innovation.

        Here anything about AI is received negatively so a 5% success rate is the “demonstration” that it’s a bubble. I’m sorry if you hope so, but it’s not. 5% is not far away from the normal failure rate of new companies and here we are talking about early adopters who buy a lottery ticket trying to be the first that makes it work.

        Feel free to believe the contrary. I don’t need to convince an anonymous guy on internet.

        • ameancow@lemmy.worldEnglish
          3·
          2 days ago

          I’m sorry if you hope so,

          Arguing that there’s an economic scheme threatening AI development and you translate it as “hope” that there is going to be an economy-destroying bubble burst, tells me I won’t get far in this conversation. Maybe figure out if there’s a less emotional/defensive path for looking at all this.

          • JumpyWombat@lemmy.ml
            22·
            2 days ago

            Maybe figure out if there’s a less emotional/defensive path for looking at all this

            If you start with

            I think some people are so hung up on knee-jerk defensiveness of AI that they lose sight of everything but promoting it.

            you should expect to be seen as one of those with that irrational hate for a technology.

            Back in topic: can this be a bubble like the dot-com? Of course. Is it? Probably not.

            95% of failures should be a warning for all those fools who expects something that this technology cannot do. Nothing more than that.