Is the gen AI bubble due to burst? CIOs face rethink ahead
CIO
AUGUST 15, 2024
Many of those gen AI projects will fail because of poor data quality, inadequate risk controls, unclear business value , or escalating costs , Gartner predicts. million to roll out, with a recurring annual budget hit of $8,000 to $11,000 per user. For example, a gen AI virtual assistant can cost $5 million to $6.5
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