From Hype to Reality: Understanding Abandoned AI Initiatives

From Hype to Reality: Understanding Abandoned AI Initiatives

A survey discovered that nearly half of all new commercial artificial intelligence projects are abandoned in the middle.

Navigating the AI Implementation Maze

A recent study by the multinational law firm DLA Piper, which surveyed 600 top executives and decision-makers worldwide, sheds light on the considerable hurdles businesses confront when incorporating AI technologies. 

Despite AI’s exciting potential to transform different industries, the path to successful deployment is plagued with challenges. This essay looks into these problems and offers expert advice for navigating the complex terrain of AI integration.

Why Half of Business AI Projects Get Abandoned

According to the report, while more than 40% of enterprises fear that their basic business models will become obsolete unless they incorporate AI technologies, over half (48%) of companies that have started AI projects have had to suspend or roll them back. Worries about data privacy (48%), challenges with data ownership and i

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