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AI hype hits reality roadblock
This article is part of the Computer Weekly issue of 10 September 2024
While there is no shortage of hype surrounding artificial intelligence (AI), businesses are beginning to realise just how difficult it can be to deliver something useful with the technology. The headline-grabbing revenue of chipmaker Nvidia is an indicator of how much money is being spent on building infrastructure to support AI inference and machine learning workloads, but in reality, many businesses are struggling with the technology. Nvidia’s latest financial results show that its datacentre business posted $26.3bn revenue in the last quarter, much of which came from sales of AI acceleration hardware to cloud providers, consumer internet businesses and enterprises riding the AI wave. However, a survey from Sapio Research for Hewlett Packard Enterprise (HPE) found that only one-third (32%) of IT leaders in the UK and Ireland believe their organisations are fully set up to realise the benefits of AI. The poll of 400 IT leaders in the UK and Ireland for HPE’s Architect an AI advantage report found that while commitment to ...
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Interview: Nick Woods, CIO, Manchester Airports Group
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AI hype hits reality roadblock
Recent surveys point to failings of artificial intelligence initiatives to achieve business objectives and deliver return on investment