The Slow ROI of AI Implementation in the Workplace

1 min read
Source: CNBC
The Slow ROI of AI Implementation in the Workplace
Photo: CNBC
TL;DR Summary

Companies are investing millions in deploying AI tools to boost employee productivity, but the payback may not be immediate. While many business leaders believe that AI will save them money in the near-term, 44% of CFOs surveyed at a recent summit believe that deploying AI tools will cost them more money than it saves them over the next 12 months. CFOs anticipate that ROI will take longer than a year, as they expect to run experiments and encounter failures along the way. However, they view AI as a prime tool for increasing employee productivity and recognize its potential to handle daily administrative tasks, allowing employees to focus on more strategic projects. The challenge lies in preparing the workforce for AI usage at scale.

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