AI Adoption Slow in Businesses, Despite Excitement

Goldman Sachs analysts reveal a disconnect between AIs consumer appeal and enterprise adoption. Despite ChatGPTs success, businesses are lagging in AI integration, with Kash Rangan noting theyre well below expectations. Eric Sheridan highlights the surging demand for AI infrastructure, with Nvidia forecasting $3-4 trillion in spending by 2030. However, investors are cautious due to the scale of AI spending, even as the stock market soars. McKinseys survey shows that while many companies see AIs potential, only a third have experienced its tangible benefits, indicating a gap between AI tools and full integration.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.