According to a recently published report from the Massachusetts Institute of Technology (MIT), a staggering 95% of generative AI pilots at companies are not living up to expectations, leading to a broad range of failures. This statistic highlights the ongoing challenges and complexities in the field of artificial intelligence, with companies unable to effectively pilot generative AI models. Despite the promises and potential benefits of AI, the widespread implementation of generative AI still faces significant hurdles. It also indicates the need for greater and more effective strategies for implementing AI within businesses and organizations. The report calls for further research and collaboration to address these issues and boost success rates in the future. Read More

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