The Failure Rate of Enterprises Deploying AI and Other Data on AI

The surveys, studies, forecasts and other quantitative assessments of the health and progress of AI for this week reveal the state of enterprise AI adoption, workers’ attitudes towards AI, data insecurity and privacy challenges, the fortunes of AI startups, and the superior performance of AI over humans in some situations.

25% of organizations worldwide that are already using AI solutions report up to 50% failure rate; lack of skilled staff and unrealistic expectations were identified as the top reasons for failure [IDC global survey of 2,473 organizations, May 2019]

Read more here