AI Magazine November 2024 | Page 68

AI STRATEGY

“ Chatbots and virtual assistants are among the most common applications of AI platforms ”

STEVE BARRETT VP OF EMEA , DATADOG
build their Gen AI without considering the hurdles . This may lead to abandoning of the projects , with a Gartner study showing up to 30 % of all Gen AI projects may be abandoned as early as 2025 .
AI ’ s growing pains Implementing AI is costly . You need to consider getting the right staff , finding the right platform , allocating resources and then trialling it across your operations all whilst hoping it does not result in any downtime .
It is for reasons like this that AI platforms face trouble being implemented into business operations . “ Initial investment , operation , and continuous improvement of AI-powered applications can be expensive , and organisations often struggle to measure and realise ROI ,” says Steve .
Equally , many companies are currently facing limitations from such platforms , putting a wet blanket on their dreams of what AI can do .
68 November 2024