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Experts advise caution on AI adoption, citing high failure rates

Many companies rush into adopting new technologies, particularly AI, without proper evaluation, leading to significant failure rates. Research indicates a substantial increase in AI initiatives being abandoned before production. To avoid costly mistakes, leaders should assess if a technology solves a specific problem, if it has a proven track record in similar operational environments, and if the organization possesses the necessary data, talent, and change management readiness. AI

IMPACT Advises AI operators on a framework for evaluating technology investments to avoid premature adoption and costly failures.

RANK_REASON The article provides expert opinion and a framework for evaluating technology investments, rather than reporting on a specific event or release.

Read on Forbes — Innovation →

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Experts advise caution on AI adoption, citing high failure rates

COVERAGE [1]

  1. Forbes — Innovation TIER_1 Deutsch(DE) · Ashish Agarwal, Forbes Councils Member ·

    When To Bet Big And When To Wait: A Framework For Smarter Tech Investment

    There are three lenses that should be applied before committing to any technology investment.