US researchers that analysed hundreds of enterprise level generative AI tools found only one in 20 actually delivered significant value, despite big businesses pouring more than $60 billion into the technology.
The study, by MIT’s NANDA initiative, runs counter to fears the generative AI is on the cusp of disrupting industries and displacing workers, and arrives as some of Australia’s biggest corporates double down on their investments.
“Despite [US]$30–40 billion …
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