MIT says AI isn’t replacing you.... it’s just draining your boss’s budget. | AI News Digest
A recent MIT study reveals that most companies are struggling to see a return on their AI investments, with fewer than 10% of AI pilots yielding real profits. This indicates that AI is not replacing jobs but rather draining budgets, providing a silver lining for job seekers. Companies are misusing AI tools, focusing on flashy software instead of practical applications in finance and operations. Startups are outperforming larger firms by solving specific problems with AI, suggesting that smaller companies may offer better opportunities for growth. The findings imply that while AI adoption is slow, the demand for human skills remains strong, emphasizing the importance of problem-solving and adaptability in the workforce.
