PYMNTS.com July 19, 2024

Despite big budgets and bold plans, a new survey conducted by PYMNTS Intelligence reveals most large companies are struggling to implement AI in meaningful ways, lagging behind in the race to leverage artificial intelligence for transformative business impact.

The findings detailed in “The Impact Of GenAI on a COO’s Priorities,” the third edition of PYMNTS Intelligence’s “2024 CAIO Project,” offer a sobering reality check for the AI revolution. Surveying chief operating officers from companies with at least $1 billion in annual revenue, the report uncovers a significant gap between the perceived potential of generative AI and its current applications in the corporate world.

“Seventy percent of COOs from firms surveyed — all with at least $1 billion in revenue —...

Today's Sponsors

Venturous
Got healthcare questions? Just ask Transcarent

Today's Sponsor

Venturous

 
Topics: AI (Artificial Intelligence), Employer, Survey / Study, Technology, Trends
The Dawn Of Physical AI: Industry Leaders At SXSW Predict Its Impact
AI In 2035: How Technology Will Reshape Human Identity
AI And The Future Of Search: How We Broke The Web And What Comes Next
How Generative AI Affects Teamwork at Companies
The AI Data Divide: Why Intelligence, Not Algorithms, Will Determine Enterprise AI Success

Share This Article