I don’t know about you, but I’m already tired of all the generative AI (genAI) hype. I’ve been using the technology for a while now, and I’ve found ways it can be helpful — primarily as a search engine replacement — but it’s not everything it’s supposed to be.
This isn’t just cranky, cynical old me. In a recent IBM survey of 2,000 CEOs, Big Blue found that “only 25% of AI initiatives have delivered expected ROI [Return on Investment] over the last few years.” Further, “just over half (52%) of CEO respondents say their organization is realizing value from generative AI investments beyond cost reduction.”
Adding insult to injury: “64% of CEOs surveyed acknowledge that the risk of falling behind drives investment in some technologies before they have a clear understanding of the value they bring to the organization, but only 37% say it’s better to be ‘fast and wrong’ than ‘right and slow’ when it comes to technology adoption.”
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