Artificial intelligence (AI) has been touted as the 8th wonder of the world, promising to bring about unprecedented prosperity and solve long-standing problems like poverty and hunger. However, as companies scale up their AI usage, they are now facing the challenge of justifying the high costs associated with it.
Tech giants and large corporations are eager to adopt AI, leading to widespread early adoption, but the question remains whether this is providing a positive return on investment (ROI). The use of AI in industries can lead to overhyped expectations and a lack of tangible benefits, making it essential to reevaluate its true value.
The use of AI in industries can lead to overhyped expectations and a lack of tangible benefits.
