ai and ml

A load more are spending more than they expected and forecast to shell out even more in 2027

Three-quarters of corporate board members expect AI to deliver productivity gains and cut costs, yet only three percent of organizations have hit their targets, according to researchers at Gartner.

The figures came out of the analyst’s HR Symposium, where it also reported that 38 percent of companies are over budget on AI spending, and 85 percent still plan to spend even more next year.

"Ultimately, organizations will not generate cost savings from AI at this point," said CV Viverito, senior director analyst for Gartner's HR practice.…