In any case, this report reveals the potentially precarious state that AI services are in right now. Industry leaders may want to go all-in on the technology, but the wide range of results on bottom lines in this survey suggests that bridging the gap between hype and business results is a problem yet to be solved.
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Jowi Morales is a tech enthusiast with years of experience working in the industry. He\u2019s been writing with several tech publications since 2021, where he\u2019s been interested in tech hardware and consumer electronics. ","collapsible":{"enabled":true,"maxHeight":250,"readMoreText":"Read more","readLessText":"Read less"}}), "https://slice.vanilla.futurecdn.net/13-4-11/js/authorBio.js"); } else { console.error('%c FTE ','background: #9306F9; color: #ffffff','no lazy slice hydration function available'); } Jowi Morales Social Links Navigation Contributing Writer Jowi Morales is a tech enthusiast with years of experience working in the industry. He’s been writing with several tech publications since 2021, where he’s been interested in tech hardware and consumer electronics.
Tanakoi this report reveals the potentially precarious state that AI services are in right now… No, it indicates the exact opposite. A year ago, similar surveys found only 10% of firms were seeing benefits from AI. Now the figure is 45%. In another year, we should expect the figure to be 70% or higher. Reply
cknobman Guess the CEO's better triple down and deploy more AI! At my employer we are forced to use AI. In fact they monitor our AI usage and if we dont use it often enough we get an email warning us that if it continues our "senior management" will be notified. No exaggeration! This year we were told every single project must implement AI in some way. If we feel a project does not need AI then we have to get review and approval from senior management to allow us to move forward without it. From my experience there is nothing organic about AI use and benefits. It is all being forced on workers and consumers no matter what. I simply say No Thanks, Satan. Reply
DS426 cknobman said: Guess the CEO's better triple down and deploy more AI! At my employer we are forced to use AI. In fact they monitor our AI usage and if we dont use it often enough we get an email warning us that if it continues our "senior management" will be notified. No exaggeration! This year we were told every single project must implement AI in some way. If we feel a project does not need AI then we have to get review and approval from senior management to allow us to move forward without it. From my experience there is nothing organic about AI use and benefits. It is all being forced on workers and consumers no matter what. I simply say No Thanks, Satan. I can't work for an employer that has a company culture like that. Reply
Gururu Tanakoi said: No, it indicates the exact opposite. A year ago, similar surveys found only 10% of firms were seeing benefits from AI. Now the figure is 45%. In another year, we should expect the figure to be 70% or higher. I agree. As businesses learn how to adopt it successfully, I can think of no business that would not benefit in some way. There may not be AI solutions for those businesses yet, but they will come. Reply
LordVile Tanakoi said: No, it indicates the exact opposite. A year ago, similar surveys found only 10% of firms were seeing benefits from AI. Now the figure is 45%. In another year, we should expect the figure to be 70% or higher. Define “benefit”. If it’s the companies books look better as they’ve lowered their workforce numbers then that won’t last long Reply
Tanakoi LordVile said: Define “benefit”. It's clearly defined right there in the article. DS426 said: I can't work for an employer that has a company culture like that. Do you work for a firm that still hires scribes, lamp-lighters, coachmen, and punkah wallahs? Why not boycott one of them? Reply
Eximo Company culture with forced technology is a little different than being against AI. I think that was more a general statement. I also dislike outside interference in tech decisions based on sunk cost fallacy or any other sort of sole management based decision. Use "blank" or else is a bad policy unless you are talking like a total replacement system. I can recall one time we hired a new CFO. They decided that we would adopt the finance software package that was used at their old company, no decision or input from IT or even the infrastructure team. Literally went out and signed a contract. Basically, we were asked to hook it up and make it work. Our data was not in an acceptable format, the related tools were not compatible with the software we had, and the one tool that was only had a beta connection (That is a story in and of itself, lets just say their grasp of database queries was limited). After 2 years it was abandoned because it didn't produce the desired results and that person moved on to another company. A huge financial hit for no other reason than that they wanted something familiar. Could have just used the software we already had. I now have access to CoPilot, but, generally, it can't assist with the tasks I deal with because it is just regurgitating what a normal google search would get me. If I ask it to do anything specific related to my work, there just isn't enough information out there for it to draw from. I have used other LLM tools useful for dipping into a new syntax/language. A nice jumpstart, but it was fundamentally wrong about the answer every time. But it gave me enough to get what I actually wanted to do working. That whole appeasement thing is annoying, it is always so cheerful about how this is the right answer now, "sorry about what I said earlier that was a mistake". Proceeds to make the exact same mistake in a slightly different way. Now access to an LLM that I could train with input, might be worth looking into. But we won't get funding for something like that anytime soon. Reply
Sam Hobbs Without details it is difficult to determine the significance of the statistics reported here. If a business is leasing property then invests in the purchase and/or construction of the property it does business in then its short-term profits will likely be diminished due to the additional cost. Correct? If a business invests in the development, or at least purchase and implementation of, new software for the business then its short-term profits will likely be diminished due to the additional cost. I am not an AI specialist but I believe that AI should normally cost more temporarily. Virtual assistants need time to learn, just as people do. If companies are using AI without properly training it then they will get little benefit, probably less benefit. When I call for support and an AI system tries to understand what I am saying and fails to understand, if the company does not fix such problems then they are likely to not benefit from the use of AI. Reply
USAFRet Tanakoi said: Do you work for a firm that still hires scribes, lamp-lighters, coachmen, and punkah wallahs? Why not boycott one of them? "AI" is not the answer (or solution) to everything. Reply
Tanakoi USAFRet said: "AI" is not the answer (or solution) to everything. No, just a large portion of it. The Industrial Revolution was the result of replacing human muscle power with machine power. The AI revolution will be as large or larger, as we replace rote thought-based tasks. Reply
Key considerations
- Investor positioning can change fast
- Volatility remains possible near catalysts
- Macro rates and liquidity can dominate flows
Reference reading
- https://www.tomshardware.com/tech-industry/artificial-intelligence/SPONSORED_LINK_URL
- https://www.tomshardware.com/tech-industry/artificial-intelligence/more-than-half-of-ceos-report-seeing-no-benefits-from-ai-deployment-only-12-percent-of-business-leaders-hit-the-jackpot-of-higher-revenues-and-reduced-costs#main
- https://www.tomshardware.com
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Informational only. No financial advice. Do your own research.