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All issuesVolume 322, Issue 4IT NewsAI

CEOs In 'AI Race' Are Off To A Slow Start

techstrong.ai, Tuesday, January 21st, 2025

Company executives who plunged into the 'AI Race' are encountering some serious speed bumps, prompting them to rethink and reset strategy.

Despite hurtling headlong into AI implementation, and a potential multi-trillion-dollar economic windfall, 92% of CEOs don't see immediate tangible results from C-suite plans, compared to 59% achieving measurable success, according to a study by The Futurum Group and Kearney Management Consulting. 213 CEOs in companies with annual revenue of at least $1 billion were polled, and twenty CEOs were interviewed extensively.

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