AI Investment Boom: Promise or Pitfall?

Trillions of dollars are being poured into AI, driven by ambition and fear of falling behind. This global competition isnt for land or weapons, but for algorithms and data. Despite massive investments, returns are still a promise rather than a proven reality. Companies are doubling or tripling spending on machine learning, but often without real value due to lack of human readiness and change management. Despite this, companies continue to increase AI investments, fearing to miss out. The question remains: when will these investments start generating significant returns? Experts suggest it will take several years for leaders to adopt flexible strategies to realize these rewards.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.