Your AI Initiative will Probably Fail (Hint: It's Not the Technology) - EnFuse Solutions

An MIT-sponsored study in 2019 pointed out that 7 out of 10 companies that invested in Artificial Intelligence (AI) initiatives say that it had minimal or no impact on their business. Let that sink in for a moment. AI and machine learning have taken center stage in the digital economy and as a result, nearly every business wants to ride the wave. However, simply diving in headfirst to invest in AI capabilities doesn't always lead to successful outcomes. One of the most common ways companies hide their failure with AI implementation is to simply blame the technology. The truth is that technology is not the reason why many AI initiatives fail to realize their intended objectives and goals.