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Don’t Invest in AI Without ROI
Avoid building AI if it doesn’t pay off.
Most companies overlook this step, leading to...
Wasted millions with no results.
Calculating ROI isn’t simple.
You need to consider two types:
Hard ROI: Cold, hard cash from AI.
Soft ROI: Intangible benefits, like happier employees or a stronger brand image.
Factors that impact your AI ROI:
Quality and availability of data
Alignment with business goals
Employee adoption of AI tools
Nail these areas or you’ll struggle to see results.
Remember: It’s not just about the money;
it’s about staying competitive.
Before diving into AI, ask yourself:
"How will I measure its success?"
Be prepared to back it up.