We worry some business leaders may be making an existential mistake.
The percentage of companies adopting A.I. has been plateauing between 50% and 60% over the past few years. Meanwhile, some leaders have shared their frustration over not yet seeing the level of returns from A.I. investments that they expected. They simply haven’t been able to get it to scale.
Are some companies foregoing the pursuit of A.I.?
We hope not. Significant returns are being realized by leading companies. There is a contingent that is seeing substantial revenue boosts and 20% or more of their earnings before interest and taxes (EBIT) come from A.I. as they apply the technology to improve decisions, speed processes, and automate mundane, repetitive tasks, freeing workers to explore innovations that can vault an organization into entirely new business arenas.
These aren’t just tech…
