Financial Investing Radio

In this episode, we take a look at why AI is ruining your business. All right. Thanks for joining. So how is AI ruining your business? Well, certainly over the years, I've seen several ways the AI ruins your business today, I want to focus on one of them. So first, let's take a look at a report. It came from MIT Sloan Management Review. This was last year in 2020. And they were quoting a study by BCG. That's Boston Consulting Group. And here's what the result was the result of BCG study was that a mere 10% of organizations achieve financial benefits with AI. Holy smokes. That's that's quite the conclusion. So why do only 10% of businesses achieve financial benefits with AI? Well, the ROI to AI gets wrapped up in at least two key areas. So the first is the technical foundation that's necessary to conduct AI. And second, the business problems on which AI is applied. So let's let's take a look at the first one. So what does it take to create a technical foundation? And how do many companies do this today? Well,