Just seven per cent of the executives whose organizations had adopted the technology said they expected to see a return on their investment in less than six months, according to a KPMG survey. Half predict it will take between one and five years. KPMG surveyed 872 Canadian executives. (The Logic)
Skip to content
Just seven per cent of the executives whose organizations had adopted the technology said they expected to see a return on their investment in less than six months, according to a KPMG survey. Half predict it will take between one and five years. KPMG surveyed 872 Canadian executives. (The Logic)
Talking point: Firms are adopting generative AI with the hope of getting more output from their workers, and of improving their businesses’ profitability. But turning the technology into top-line growth or bottom-line benefits isn’t as simple as getting every employee a ChatGPT subscription. Enterprises that have successfully adopted generative tools are focusing on improving inefficient processes, Cohere co-founder Nick Frosst said at The Logic Summit on Monday. Firms still have reservations about the technology. Around three-quarters cited concerns about bias, privacy, the security of AI systems and the cost of using them.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
Commentary
Carmichael: The hard work of breaking down internal trade barriers is starting to pay off
Briefing
National Bank invests in AI firm Multiverse Computing’s US$570M fundraise
Cadillac Gold raises $385M in IPO
U.S. hits 60 countries, including Canada, with forced labour tariffs
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
