Most AI initiatives are failing to earn ROI because companies lack a strategy for AI, not because the technology does not work. Listen
Pablo said the MIT and McKinsey reports are both accurate, but that the technology works. He said the fundamental issue is that there has not been a strategy executed on AI, and that companies spread AI initiatives thinly across many departments and sub-departments.
“The tech works. The fundamental issue is one, there hasn't been a strategy execute on AI.”
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