30% of GenAI Projects Abandoned by End of 2025

Nate

·2 years ago

shared a link post in group #Artificial Intelligence

By the end of 2025, Gartner predicts that 30% of generative #Artificial Intelligence  projects will be abandoned due to unclear business value, poor data, high costs, or lack of risk controls.

Gartner notes businesses struggle to justify GenAI’s high costs despite its potential to transform business models.

Upfront costs for generative AI can range from $100,000 to $20M, excluding recurring expenses

https://www.gartner.com/e..

www.gartner.com

Gartner Predicts 30% of Generative AI Projects Will Be Abandoned After Proof of Concept By End of 2025

At least 30% of generative AI projects will be abandoned after proof of concept by the end of 2025, due to poor data quality, inadequate risk controls, escalating costs or unclear business value, according to Gartner.