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95% of AI Pilots Fail; UK Drops Apple Encryption Demand; US Buys 10% of Intel with Taxpayer Funds
MIT's recent report reveals that a staggering 95% of enterprise generative AI pilot programs fail to deliver results, primarily due to poor execution rather than the quality of the AI models themselves. The study, which involved interviews with 150 leaders and a survey of 350 employees, highlights a significant learning gap in integrating these tools into business operations. Despite the promise of generative AI, most companies are misallocating their budgets, focusing on sales and marketing instead of back-office automation, where the highest returns are found. This disconnect is further…
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