AI has yet to pay off, but some companies see value

Goldman Sachs : $1 trillion of capital expenditure commitments to develop and deploy AI "has little to show for it so far" As of February , just 5.4 percent of US businesses reported using AI , up from 3.7 percent in September last year .

US Census Bureau says that businesses are using AI for marketing automation, virtual agents and chatbots, natural language processing, and data/text analytics.

Clearview Consulting Group is launching GenAI Analytics Platform in retail.

Gartner : More than half of organizations abandon AI projects due to underestimation and miscalculation of costs.

Cost is one of the greatest near-term threats [to AI adoption] because people are really not taking into account comprehensive lists of all the costs and they're not calculating them out in a multi-year period.".

It's just going to take a while to go through the learning curve." "....So over the long term, as a journey, we think pretty positively that this is going to really change lots and lots of industries and change a lot of business functions and even change, obviously, the way we work.".