Companies Outside Big Tech See Little Return from AI So Far
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Many companies have been investing in artificial intelligence, also known as AI, in recent years. According to a report from Dutch IT Channel, mainly large technology companies, the so-called Big Tech, are actually profiting financially from AI. Companies that do not belong to this group see little return, according to the source.
Return refers to the yield of an investment. Can the money a company spends on AI also be earned back? For many organisations, this is not yet clear. AI systems are often expensive to acquire and use. Moreover, companies need good data and skilled employees to truly extract value from them.
Large technology companies usually have an advantage on these points. They have a lot of money, large amounts of data, and their own technical expertise. As a result, they can deploy AI faster and earn more from it than smaller companies.
For Dutch companies, this means they must think carefully about where they invest in AI. It is not yet clear whether this situation will change in the short term. More details about the research can be found in the original article.
Sources: Dutch IT Channel
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