Updated
Updated · Bloomberg · Jun 1
Bain Survey Finds AI Savings Miss Targets at Large Companies
Updated
Updated · Bloomberg · Jun 1

Bain Survey Finds AI Savings Miss Targets at Large Companies

7 articles · Updated · Bloomberg · Jun 1
  • Large companies are seeing automation cost savings fall broadly short of projections, according to a new global Bain & Co. survey shared with Bloomberg.
  • Those misses undercut the return assumptions many executives have used to justify rising artificial-intelligence spending, Bain said.
  • Bain warned the gap between promised and realized savings should make executives uncomfortable as companies keep approving more AI investment.
  • The findings add to scrutiny over whether corporate AI spending is delivering measurable payback fast enough to match expectations.
With most AI investments failing to pay off, why are corporate AI budgets continuing to grow?
Is the $547 billion wasted on AI a warning of a bubble, or the necessary price of a technological revolution?
Since people, not tech, cause most AI failures, what is the key to creating a successful AI-driven culture?