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in /technology 5 months ago

MIT report says 95% of AI implementations don't increase profits, spooking Wall Street

MIT report says 95% of AI implementations don't increase profits, spooking Wall Street - Featured Image

MIT report says 95% of AI implementations don't increase profits, spooking Wall Street

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TLDR

A MIT report reveals 95% of AI implementations fail to boost profits, causing tech stock sell-offs and market declines. The study highlights that only 5% of AI startups achieve rapid revenue growth, with successful ones focusing on specialized areas and collaborating closely with clients.

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