Less than half of AI projects make it into production
Difficulties in estimating the value of AI projects is the primary obstacle to using it. 49% of companies say difficulty
Strong adoption of Gen AI in ad industry but trust is an issue
91% in the European advertising industry are already using or experimenting with Gen AI, a report from Microsoft Advertising and
Record number of new unicorns include many GenAI startups
The year has started well for unicorns – startups valued more than one billion USD! In Q1, 37 startups crossed
Protect women gamers better trend report recommends
Generative AI can drive more change of media and entertainment. 22% feel that generative AI could even write TV shows
Governments slow in offering GenAI services for citizens
Less than 25% of government organisations will have generative AI (GenAI) services for citizens by 2027. Fear of public failure
How news websites block makers of AI tools
Close to half – 48% – of the most widely used news websites across ten countries were blocking OpenAI’s crawlers
Majority of students are using GenAI study shows
53% of students have used generative AI to help them with assignments but only 5% cheat putting AI-generated text into
GenAI hype will not impact growth of IT spending
While generative AI (GenAI) had significant hype in 2023, it will not significantly change the growth of IT spending in
GenAI predicted to take over 30% of ordinary marketing tasks
GenAI will by 2027 assume 30% of traditional marketing’s mundane tasks such as SEO, content and website optimization, customer data
Big tech and publishers in conflicts about data for GenAI tools
The global focus on generative artificial intelligence has emphasised the need for giant amounts of data to train the software.