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More than half of CEOs report seeing no benefits from AI deployment so far — only 12% of business leaders hit the jackpot of higher revenues and reduced costs

Source

Tom's Hardware

Published

TL;DR

AI Generated

A survey by PricewaterhouseCoopers (PwC) found that only 12% of CEOs have experienced both increased revenue and decreased costs from AI deployment, while 55% reported no benefits. The report suggests that companies need to invest in data readiness, clear AI roadmaps, and a culture that supports adoption to see better outcomes. Only 14% of the workforce uses generative AI daily, indicating a potential lack of understanding of AI risks and benefits. The report highlights the need for deeper AI deployment to realize optimal results, as many businesses are expected to increase their investments in AI to drive real value.

More than half of CEOs report seeing no benefits from AI deployment so far — only 12% of business leaders hit the jackpot of higher revenues and reduced costs - Tech News Aggregator