Manufacturers slow Gen AI rollout on rising accuracy concerns, says study


FILE PHOTO: AI (Artificial Intelligence) letters and robot hand miniature in this illustration, taken June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) - Manufacturers are deploying planned Generative AI initiatives at a slower-than-anticipated pace on concerns around accuracy, Lucidworks said in a study on Wednesday.

The study surveyed over 2,500 leaders worldwide involved in AI technology decision-making and found that 58% of manufacturing leaders plan to increase spending on AI in 2024. This is lower than the global consensus of 63% and U.S. consensus of 69%.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Explainer-What is so special about TikTok's algorithm?
Robotics pioneer says the field has lost its way
Google warns staff with US visas against international travel due to embassy delays, Business Insider says
Sleep cots and graham crackers at Elon Musk’s child care program
Three tips to give your kids the best holiday present you can get – a healthier relationship with screens
Opinion: Australia just banned kids from social media. Shouldn't we all?
Meta's Dina Powell McCormick quits board, may stay on as adviser
EU Council backs digital euro with both online and offline functionality
AI boom drives data-center dealmaking to record high, says report
Nvidia-Intel deal cleared by US antitrust agencies

Others Also Read