MIT Report Reveals 95% of Generative AI Projects Fail to Deliver ROI
Originally Published 4 months ago — by Investor's Business Daily
An MIT report highlighting the limited success of many generative AI pilots has caused concern about an AI bubble, leading to a market downturn for AI stocks. However, analysts see an opportunity for companies like IBM and Accenture to help enterprises overcome AI deployment challenges, potentially benefiting from increased demand for IT modernization services. Despite a recent dip, some tech stocks like IBM and Cisco showed minor gains, while others like Nvidia and Palantir declined amid broader market volatility.