The internet is on fire discussing some recent stories about how the vast majority of enterprise generative AI pilots fail and/or don’t produce measurable value. For example, the New York Times wrote that companies are pouring billions into AI which has yet to pay off, referencing a McKinsey report from earlier this summer which says nearly 80% of companies using gen AI report no material bottom-line impact. Another report from MIT Media Lab claims 95% of gen AI pilots fail, and although that report has serious flaws, it’s fueling the larger conversation nevertheless.
