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Fortune
Fortune
JG Chirapurath

I had a front-row seat to AI's rise at Microsoft and SAP. Here's the billion-dollar blind spot everyone's missing

JG Chirapurath (Credit: courtesy of DataPelago)

Enterprises invested $30 billion-$40 billion in generative AI pilots in 2024, yet an influential MIT study found that 95% delivered zero measurable business return. Do the math: that’s roughly $30 billion in destroyed shareholder value in a single year.

The failure isn’t happening where most executives think it is.

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