Only 5% of AI pilot programs succeed

FAST COMPANY

The MIT/NANDA report on AI that shook pundits and markets alike, revealed that 95% of enterprise AI deployments fail to deliver measurable results. That number should surprise no one, especially anyone who’s lived through a technology disruption or two.

Given that we have been through this cycle before, let’s avoid the inflammatory urge to categorize this as a “bubble” and instead call it what it is—a correction. It’s a wake-up call that plug-and-play AI isn’t coming to save everyone who hasn’t first done the foundational work.

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