An IBM study based on conversations with 2,000 global CEOs recently found that only 25% of AI initiatives have delivered their expected ROI over the last few years, and, worse still, "64% of CEOs surveyed acknowledge that the risk of falling behind drives investment in some technologies before they have a clear understanding of the value they bring to the organization." 50% of respondents also found that "the pace of recent investments has left their organization with disconnected, piecemeal technology," almost as if they don't know what they're doing and are just putting AI in stuff for no reason.
CEOs are supposed to be able to make snap decisions without having the big picture. If everybody else is doing it, following suit will mean you won't be left behind. Worst case, you'll all make the same mistake. Of course, if you know better than the others, you can profit from that.
https://newsroom.ibm.com/2025-05-06-ibm-study-ceos-double-do...