If you listen to the CEOs of elite AI companies or take even a passing glance at the U.S. economy, it’s abundantly obvious that AI excitement is everywhere.
America’s biggest tech companies have spent over $100 billion on AI so far this year, and Deutsche Bank reports that AI spending is the only thing keeping the United States out of a recession.
Yet if you look at the average non-tech company, AI is nowhere to be found. Goldman Sachs reports that only 14% of large companies have deployed AI in a meaningful way.
What gives? If AI is really such a big deal, why is there a multi-billion-dollar mismatch between excitement over AI and the tech’s actual boots-on-the-ground impact?
A new study from Stanford University provides a clear answer. The study reveals that there’s a right and wrong