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Majority of CEOs report zero payoff from AI splurge (www.theregister.com)
submitted 9 months ago by to c/technology@lemmy.world
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[–] 13 points 9 months ago (2 children)

Are they seeing a payoff or just not admitting defeat (yet)?

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  • [–] 4 points 9 months ago (1 child)

    Most CEOs say their companies aren’t yet seeing a financial return from investments in AI. Although close to a third (30%) report increased revenue from AI in the last 12 months and a quarter (26%) are seeing lower costs, more than half (56%) say they’ve realised neither revenue nor cost benefits.

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  • [–] 2 points 9 months ago

    I'd love to know more about that 30% reported increase and how real it is (I know this is never going to happen). Is it a) Nvidia<=>OpenAI b2b stuff where they increased revenue by grifting some other CEO b) massaging the numbers to make it look like AI is popular - Microsoft Office+Copilot style or c) there is genuinely something valuable that people are buying

    I feel like there is a whole lot of b) going on with companies baking AI into popular products and then going "ooh line gonup, must be AI" but I could be wrong.

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