Enterprises are hitting a ‘speed limit’ in deploying Gen AI – here’s why [Video]

Three months after a prior survey of chief information officers, the latest data shows the majority of companies are not ready to put their generative artificial intelligence (Gen AI) into production, according to the new report by consulting giant Deloitte. 

More than two-thirds of global corporate executives surveyed said that fewer than one-third of Gen AI experiments “will be fully scaled in the next three to six months,” states the report, entitled “Now Decides Next: Generating a New Future” and compiled by lead author Ranjit Bawa, Deloitte’s head of US strategy and the firm’s CTO.

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The report identifies institutional barriers that have arisen that block Gen AI deployment, including “regulatory uncertainty and risk management.” Among all the barriers to deployment, “Worries about complying with regulations” tops the list — the same factor that was at the top of the list …