As one of the world‘s most influential business hubs, the Middle East requires expert attention. Business Extra provides those experts, as well as news and insights from The National‘s esteemed team of business editors and reporters, who are on top of the markets, technology, the energy sector and more.
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As one of the world‘s most influential business hubs, the Middle East requires expert attention. Business Extra provides those experts, as well as news and insights from The National‘s esteemed team of business editors and reporters, who are on top of the markets, technology, the energy sector and more.
Why some companies have suffered 'zero returns' from AI investments – and who got it right
Business Extra
29 minutes
3 months ago
Why some companies have suffered 'zero returns' from AI investments – and who got it right
Despite billions being spent over the past few years on artificial intelligence investments, a recent MIT Media Lab report found 95 per cent of organisations have produced zero returns so far.
But is that really the case for companies who are offering AI solutions? How are those in the Middle East performing?
In this episode of the Business Extra podcast, host Salim Essaid is joined by Mohammad Abu Sheikh, founder and chief executive of CNTXT AI, a UAE-based data and AI solutions company.
Later, he is joined by Amit Joshi, a professor of AI, analytics and marketing at the IMD Business School to look at the bigger picture and the disconnect between implementing AI and profit.
And to explore the impact of this on hiring AI specialists and attracting talent, Cody Combs, The National's technology policy editor, joins the conversation.
Business Extra
As one of the world‘s most influential business hubs, the Middle East requires expert attention. Business Extra provides those experts, as well as news and insights from The National‘s esteemed team of business editors and reporters, who are on top of the markets, technology, the energy sector and more.
