Many organizations have struggled to move beyond pilot AI projects – so is AI hype dying? Christian Pedersen of IFS explores the gap between expectation and…
Artificial Intelligence (AI) has been heralded as the next great technological revolution, with many commentators claiming it will have a bigger impact on the world than even the Internet. The promise of AI spans industries, from enhancing productivity and innovation to transforming business models and customer experiences. In 2023 Goldman Sachs economists estimated that AI would increase annual global GDP by 7% over 10 years, equivalent to $7 trillion. More recently, Goldman Sachs has taken a more critical view of AI return on investment, sparking a broader discussion on how to get to AI results.