{"id":32956,"date":"2019-10-31T03:32:00","date_gmt":"2019-10-31T07:32:00","guid":{"rendered":"http:\/\/blog.cybercon1.com\/?p=32956"},"modified":"2019-10-31T03:32:00","modified_gmt":"2019-10-31T07:32:00","slug":"why-most-companies-are-failing-at-artificial-intelligence-eye-on-ai","status":"publish","type":"post","link":"https:\/\/blog.cyberconservices.com\/index.php\/2019\/10\/31\/why-most-companies-are-failing-at-artificial-intelligence-eye-on-ai\/","title":{"rendered":"Why Most Companies Are Failing at Artificial Intelligence: Eye on AI"},"content":{"rendered":"\n<p>Most companies that say they&#8217;re using <strong>artificial intelligence<\/strong> have yet to gain any value from their A.I. investments.\u00a0<\/p>\n\n\n\n<p>A survey from MIT Sloan Management Review and Boston Consulting Group released Tuesday found that companies that view A.I. as merely a \u201ctechnology thing,\u201d akin to a product rather than a business overhaul, fail to gain financial results. The survey\u2019s authors defined the \u201cvalue\u201d of an A.I. project as lifting sales, reducing costs, or creating a new product.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright size-medium\"><img decoding=\"async\" src=\"http:\/\/www.cyberconservices.com\/wp-content\/uploads\/2019\/10\/mind-767584__340-300x213.jpg\" alt=\"\" class=\"wp-image-32957\"\/><\/figure><\/div>\n\n\n\n<p>The survey, based on responses from nearly 2,500 executives, found that seven out of ten companies report little to no impact from their A.I. projects so far. Overall, 40% of the surveyed companies that have made \u201csignificant investments\u201d in A.I. have yet to report any business gains.<\/p>\n\n\n\n<iframe style=\"width:120px;height:240px;\" align=\"left\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" frameborder=\"0\" src=\"\/\/ws-na.amazon-adsystem.com\/widgets\/q?ServiceVersion=20070822&#038;OneJS=1&#038;Operation=GetAdHtml&#038;MarketPlace=US&#038;source=ss&#038;ref=as_ss_li_til&#038;ad_type=product_link&#038;tracking_id=cyberconservi-20&#038;language=en_US&#038;marketplace=amazon&#038;region=US&#038;placement=B07N8RPRF7&#038;asins=B07N8RPRF7&#038;linkId=bc9726a9295ea9aea8f0231dffd03c9d&#038;show_border=true&#038;link_opens_in_new_window=true\"><\/iframe>\n\n\n\n<p> There is a clear difference in the A.I. strategies between the \u201cwinners\u201d and \u201closers,\u201d according to Boston Consulting Group managing director Shervin Khodabandeh. For instance, companies that are getting some value from their investments view A.I. as a way to upend and change current business practices likes sales, rather than simply buying an A.I. tool from a vendor, he said.  <a href=\"https:\/\/www.google.com\/url?rct=j&amp;sa=t&amp;url=https:\/\/fortune.com\/2019\/10\/15\/why-most-companies-are-failing-at-artificial-intelligence-eye-on-a-i\/&amp;ct=ga&amp;cd=CAEYACoTNzkyNjgxNzU0ODMyNzk5MTcyNjIaNDc3ZTJlNTE2ZWYxZDQ3OTpjb206ZW46VVM&amp;usg=AFQjCNFnLy_5PQZrVrZGy5Ip2U2teR9V8w\">Read On:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Most companies that say they&#8217;re using artificial intelligence have yet to gain any value from their A.I. investments.\u00a0 A survey from MIT Sloan Management Review and Boston Consulting Group released Tuesday found that companies that view A.I. as merely a <span class=\"excerpt-dots\">&hellip;<\/span> <a class=\"more-link\" href=\"https:\/\/blog.cyberconservices.com\/index.php\/2019\/10\/31\/why-most-companies-are-failing-at-artificial-intelligence-eye-on-ai\/\"><span class=\"more-msg\">Continue reading &rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[638,640],"tags":[639,641],"class_list":["post-32956","post","type-post","status-publish","format-standard","hentry","category-ai","category-artificial-intelligence-ai","tag-ai","tag-artificial-intelligence-2"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/posts\/32956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/comments?post=32956"}],"version-history":[{"count":0,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/posts\/32956\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/media?parent=32956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/categories?post=32956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/tags?post=32956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}