I have a question for Mr. Gonzalo.
Billions of dollars are being invested in artificial intelligence, but despite recent technological progress, there are no corresponding productivity gains.
The KPMG report released last week shows that in an online survey of 753 business leaders across Canada, 93% of them said their organizations are using artificial intelligence, up from 61% last year. However, only 2% of respondents said their organizations are seeing a return on their generative artificial intelligence investments.
Developing this type of technology takes a long time. Stephanie Terrill, Canadian managing partner of digital and transformation at KPMG, says that “new technologies take time to be adopted and demonstrate identifiable return on investment.” However, according to Ms. Terrill, declining productivity in Canada means that waiting for years for AI investments to create value is “downright risky”.
What is your opinion? Are you equally concerned?