A recent analysis by the Financial Times found that many big businesses using AI can’t explain how it’s helping them. Despite their claims, only 5% of companies saw meaningful growth in revenue after implementing AI. Instead, they’re profiting from the hype and facing cybersecurity risks and potential lawsuits. Executives are often vague about how AI will increase productivity or optimize workflows, and many are even using AI for unrelated purposes, like making TV commercials. The tech’s benefits remain elusive, leaving investors to wonder if it’s worth the investment.
Source: https://futurism.com/future-society/big-businesses-major-problem-ai