Six reasons for the failure of first generation Enterprise AI

There is little doubt that Artificial Intelligence (AI) will transform industries and business models. Recent developments in driverless cars, voice recognition, and deep learning show how much machines can do and the powerful business models AI can drive. Driven both by opportunity and a fear of losing out, companies across industries have announced AI-focused initiatives. However, early AI pilots are not producing the dramatic results that technology enthusiasts predicted and executives expected. The opportunity for augmenting jobs with AI is way larger than replacement of humans.