75% of AI Initiatives Are Delivering Losses to Tech Companies
After the Metaverse concept failed in 2022, AI took over the spot to become the ‘next big thing’ in technology. Multinational corporations spent billions to build the Metaverse, only to see their projects fail remarkably. Mark Zuckerberg had to fire 11,000 employees after spending more than $10 billion on the failed Metaverse project. Now Artificial Intelligence (AI) is following a similar path, as only 25% of all AI initiatives have generated profits, while 75% of all projects have delivered losses on investments. Also Read: Top Crypto to Buy Now as Ripple Eyes Circle Acquisition The latest report from IBM highlights that just 25% of all AI initiatives have delivered profits as return on investment (ROI). In the report, IBM surveyed around 2,000 CEOs during the first quarter of 2025. According to the majority of the CEOs, the return on investment in AI technology has been disappointing. Billions of dollars are being spent to develop the technology with little to no profits ...