From AI Hype to Adoption:
When generative AI exploded onto the tech scene in 2022, companies scrambled to adopt the “Next Big Thing.” Now, everyone from the smallest startups to the biggest banks and retailers wants to reap the benefits it has to offer.
GenAI promised a workforce revolution – let the computer take care of your busywork so you have time for more critical thinking. It sounds great on paper, a huge boost in productivity and south africa whatsapp number data revenue, but many organizations find themselves now struggling to make this their reality. The proliferation of generative AI tools has captured the imagination of consumers and companies alike, but have we overstated the actual impact of AI on innovation and business benefits?
For the past year, we’ve watched tech companies embark on a race for AI dominance: rushing to showcase new enterprise AI solutions, rebranding existing technology with an AI lens, and touting the business benefits of various AI tools. However, a new global study of 1,700 senior decision-makers finds that the promise of AI is being held back. Although they acknowledge that AI is expected to deliver high-impact value in product and service innovation, improve data availability, and reduce costs, they feel significant pressure to adopt AI quickly and worry about the potential failure of the AI bubble.