Business transformation, but not much remuneration
Making money isn't everything ... at least not when it comes to AI. Research from professional services firm Deloitte shows that, for most companies, adopting AI tools hasn't helped the bottom line at all. But researchers still sing the technology's praises.
According to Deloitte's "State of AI in the Enterprise" report [PDF], 74 percent of organizations want their AI initiatives to grow revenue, but only 20 percent have seen that happen.
The consultancy's findings echo a recent PwC business leader survey that found only 12 percent of CEOs saw both lower costs and higher revenue as a result of AI investments.
Deloitte's explanation of the current state of affairs is that money isn't everything.
"[S]uccess with AI isn't just about boosting efficiency or even growing revenue," the report says. "It's about achieving strategic differentiation and a lasting competitive edge in the marketplace."
...read more at theregister.com
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The margins will start to improve once they realize they need fewer workers.
Claude Code just gaining stem in the past ~1 month. It will come soon....
It did, but the slop is still real. I'm wasting an awful amount of time on dealing with very bad pull requests on public repos - most of them fail CI so the impact on compute is real too. I think it's been 6 or 7 weeks since it went nuts.
That's what one would expect from Deloitte. The template after all is:
f""" {{subject}} will achieve strategic differentiation and a lasting competitive edge in the marketplace, so here's a project proposal to make us help you be the leader. Sign here and we'll send in our team of mediocre consultants and they will give you the best {{subject}}. """Only the subject changes. Over the years it's been ERP, BI, Cloud and now AI.