Will Genai company crash and burn? – Computerworld

I don't know anything about you, but I'm tired of the generative KI (Genai) hype. I have been using the technology for some time and found ways how it can be helpful – mainly as a search engine replacement – but it is not everything it should be.

This is not just moody, cynical old. In a recently carried out IBM survey below 2,000 CEOs, Big Blue found that “only 25% of the AI ​​initiatives have delivered the expected ROI [Return on Investment] in recent years. “In addition,” say a little more than half (52%) of the respondents of the CEOs that their organization takes over value from generative AI investments about the cost reduction “.

Add to insulting the injury: “64% of the CEOs surveyed recognize that the risk of falling behind investments in some technologies have a clear understanding of the value they bring for the organization, but only 37% say that it is better to be” quick and wrong “than” right and slow “.