Heavy AI spending and the uncertain payoff for businesses
The Information reports that usage-based pricing is making the lack of clear evidence of AI returns harder to ignore as companies face higher bills.
TLDR
Businesses are spending heavily on AI without clear evidence that it is boosting revenue or cutting costs, The Information reports, citing EY executive Dan Diasio. The publication says higher AI bills and usage-based pricing are making that gap harder to ignore.
Heavy AI spending and the uncertain payoff for businesses
The Information reports that usage-based pricing is making the lack of clear evidence of AI returns harder to ignore as companies face higher bills.
TLDR
Businesses are spending heavily on AI without clear evidence that it is boosting revenue or cutting costs, The Information reports, citing EY executive Dan Diasio. The publication says higher AI bills and usage-based pricing are making that gap harder to ignore.