Many AI companies are touting artificial intelligence as the next-level, game-changing tool that will propel businesses to new height of productivity paired with lower costs. However, a recent survey by professional services network PricewaterhouseCoopers (PwC) revealed that, out of 4,454 chief executives surveyed, only 12% saw the complete benefits of increased revenue paired with decreased spending.
A good 13% of those surveyed reported saw a decrease in costs without a change in revenue, while another 8% received an increase in earnings without seeing a change in expenses — meaning at least a third of the enterprise AI users gained some value from their deployment of the tech.
