The Elusive Cost Advantage: Why Most Companies Still Struggle to Harness AI Artificial intelligence (AI) is widely touted as a panacea for cost reduction, yet many companies continue to fall short in translating its benefits into lasting competitive advantages.
Recent research from BCG highlights the stark divide between those who are succeeding in leveraging AI for cost savings and their struggling peers.
Companies attempting to harness AI's potential often lack clear priorities and scale.