Technologist at 107-year-old company warns about overspending on AI: 'People can get carried away'

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Technologist at 107-year-old company warns about overspending on AI: 'People can get carried away'

//business-finance.news-articles.net/content/202 .. rspending-on-ai-people-can-get-carried-away.html

Published in Business and Finance on Wednesday, March 12th 2025 at 15:41 GMT by Fortune

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

Sastry Durvasula talks about helping bring a legacy company into the digital age by deploying AI.

2025-03-12 260 x 130 / 5096 Bytes

The article from MSN discusses insights from a technologist at a 107-year-old company, focusing on the potential pitfalls of overspending on AI technologies. The technologist warns that companies can become overly enthusiastic about AI, leading to excessive investments without clear benefits or ROI. He emphasizes the importance of understanding the specific needs and applications of AI within a business context before committing significant resources. The piece highlights that while AI has transformative potential, the rush to adopt it without strategic planning can result in financial waste and operational inefficiencies. The technologist advocates for a measured approach, suggesting that companies should first identify where AI can genuinely add value, assess the readiness of their infrastructure, and consider the human element in AI integration to ensure sustainable and effective use of the technology.

Read the Full Fortune Article at:
[ https://www.msn.com/en-us/news/other/technologist-at-107-year-old-company-warns-about-overspending-on-ai-people-can-get-carried-away/ar-AA1AMFcj ]