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Manufacturers are deploying planned Generative AI initiatives at a slower-than-anticipated pace on concerns around accuracy, Lucidworks said in a study on Wednesday.
As with most industries, companies in the manufacturing industry appear more reserved on their AI initiatives thus far in 2024 than they’d reported in 2023.
Manufacturers have successfully deployed only 20% of planned AI initiatives according to the second annual Gen AI survey commissioned by Lucidworks.
Lucidworks is named one of the top 100 innovative KM vendors that are infusing their offerings with AI and related technologies.
Agricultural operations are embracing innovative methods focused on artificial intelligence to simulate human intelligence processes.
Vendors would have you believe that we are in the midst of an AI revolution, one that is changing the very nature of how we work. But the truth, according to several recent studies, suggests that it’s much more nuanced than that.
Consumers who are tempted to upgrade will find higher prices for new AI-powered gadgets—and new subscription fees to access their full capabilities.
To avoid a painful correction, tech companies must start managing AI expectations properly.
Lucidworks' generative AI report found retailers ahead of the curve in the technology's deployment compared to other industries.
While global investment in AI is seeing a downturn, the retail sector bucks the trend with robust adoption and significant financial gains.