Posted 1/19/2024, 6:15:19 PM
Executives Cautious on AI Despite Hype at Davos
- AI was the big buzzword at Davos this year, but executives feel it has yet to deliver major productivity gains
- 30% of employees say AI has not improved productivity; 6% say it has made it worse due to lack of proficiency and training
- Surveys show 66% of executives are uncertain or dissatisfied with their company's AI progress so far
- 71% of executives are focused on small-scale AI experiments rather than full deployment
- Societal concerns over responsible AI use and lack of talent are causing cautious approach to AI investments