56% Of CEOs Report No Revenue Gains From AI: PwC Survey

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Most companies haven’t yet seen financial returns from their AI investments, according to PwC’s 29th Global CEO Survey.

The survey of 4,454 chief executives across 95 countries found that 56% report neither increased revenue nor lower costs from AI over the past 12 months.

What The Survey Found

About 30% of CEOs said their company saw increased revenue from AI in the last year. On costs, 26% reported decreases while 22% said costs went up. PwC defined “increase” and “decrease” as changes of 2% or more.

Only 12% of companies achieved both…



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56% Of CEOs Report No Revenue Gains From AI: PwC Survey


Most companies haven’t yet seen financial returns from their AI investments, according to PwC’s 29th Global CEO Survey.

The survey of 4,454 chief executives across 95 countries found that 56% report neither increased revenue nor lower costs from AI over the past 12 months.

What The Survey Found

About 30% of CEOs said their company saw increased revenue from AI in the last year. On costs, 26% reported decreases while 22% said costs went up. PwC defined “increase” and “decrease” as changes of 2% or more.

Only 12% of companies achieved both…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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