AI Spending Has Yet to Lift Profits at Most Companies, Study Finds

Companies have spent billions of dollars on artificial intelligence tools in recent years, but most outside the technology sector have yet to see a clear increase in profits, according to a study.

The findings point to a gap between corporate investment in AI and the financial returns businesses have achieved so far. Despite the money committed, a broad improvement in profitability has not yet emerged.

The result concerns most companies outside the technology sector, rather than all businesses investing in AI. It does not establish that every company has failed to benefit from the technology.

The study’s assessment is also limited to returns seen to date. While the spending has not yet translated into a clear profit boost for most of those businesses, the findings do not settle whether those investments will deliver gains over time.