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Gartner survey finds limited AI cost savings so far

AI · First reported 29 Oct, 17:56 · Updated 09:10

Image: Wikimedia Commons · NASA Johnson Space Center · Public domain

Gartner reports that 3% of surveyed organizations achieved their desired cost savings through AI-related productivity gains, even as many board members expect value and companies plan further investment. The article points to difficulties turning freed-up employee time into valuable work and aligning AI efforts across businesses.

  • Gartner found that 3% of organizations surveyed had achieved their desired cost savings through AI productivity gains.
  • Three-quarters of board members expected AI to deliver productivity or cost value, and 85% of organizations planned to spend more in the coming year.
  • The article says organizations struggle to redirect time freed by AI into valuable work and to align on where AI can create value.
Summary written by Lux AI from 2 articles

Key facts

Organizations achieving desired cost savings
3%
Board members expecting AI value
Three-quarters
Organizations planning to spend more in the coming year
85%
AI-freed time redirected into more innovative work
21%
Leaders without clear alignment on where AI creates value
78%

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