The new report on low profitability of in-laws has led to a collapse in shares in the stock market.
The new report by the Massachusetts Technological Institute has questioned the true value of financial artificial intelligence for the business and has caused the sale of technicians in the United States, Gizmodo reports.
Despite large investments, less than one of the ten pilot programs with artificial intelligence has brought real income. The rest did not show any impact on companies’ financial indicators. Those who set the report are based on conclusions in 150 interviews with leading managers, a survey of 350 employees and reviewing 300 public cases of AI.
“Only 5% of the integrated AI pilot projects bring millions of benefits, while most have no measuring effects,” the report said. That is, 95% of organizations actually receive zero return.
The publication of the study was immediately displayed in the stock market. Nvidia’s sharing dropped by 3.5%, we lost the arm of 3.8%, and Palatir experienced the biggest fall – almost 9%on Tuesday, and the reduction continued.
The Adyatia Challapalli report in comment mentioned that the problem is less than artificial intelligence models itself, but in the inability of companies to effectively use them. He also emphasized that some startups established by young entrepreneurs show rapid success due to clear concentration in a task and competent cooperation with the partners. Such examples show an increase of from zero to $ 20 million revenue per year, while most corporations do not distribute resources incorrectly. More than half of budgets for generative AIS are directed at instruments for sales and marketing, while the greatest results, according to MIT, are provided by bek-office automation processes that reduce business processes and optimization of operations.
The report also emphasizes that the use of specialized solutions or cooperation with external suppliers is successful in about 67% of cases. While the internal development of companies gives only one result in a third of cases.
We will remind you, earlier it was reported that ChatGPT recognized artificial intelligence with a financial bubble.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.