Tag: market intelligence
Rocky start for Big Tech’s AI rollout
Companies are already becoming disenchanted with the initial rollout of Big Tech’s new artificial intelligence (AI) technology. Rapidly diminishing return on investment (ROI) and poor initial outcomes are forcing companies to rethink their earlier strategies, according to a new report from AI data services company, Appen. “As enterprises gain more AI experience, they are becoming more selective about which projects to pursue, and fewer initiatives are reaching deployment. Appen believes this trend is likely driven by diminishing ROI or the lack of significant outcomes,” says Appen. Gartner also recently issued a stern warning to organizations across all sectors that the cost of introducing artificial intelligence (AI) to the workplace could easily balloon by a staggering 500 -1,000 percent.