MIT Report Sparks Concerns Over AI Investment Bubble
Originally Published 4 months ago — by Fortune
A MIT report found that 95% of AI pilot projects fail to deliver financial benefits, mainly due to a lack of understanding on how to effectively integrate AI into workflows, rather than technical shortcomings. Success is higher when companies buy AI solutions rather than build them, and startups tend to see better ROI than large enterprises. The report highlights the importance of proper implementation and usage over the technology itself, contrasting with market fears of an AI bubble.