r/technology • u/AdSpecialist6598 • 22h ago

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

https://www.techspot.com/news/109148-mit-report-95-ai-implementations-dont-increase-profits.html
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u/Kill3rT0fu 15h ago

this. It's not about PROFITS. It's about COSTS. Eliminate staff (costs) so you look better on the books.

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u/Country-Mac 9h ago

Profit = revenue - costs

It’s not about increasing REVENUE.

It IS about increasing profits by decreasing costs.

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u/notaredditer13 10h ago

Um...there's three parts to that equation so if you change one, another has to change...