AI
Over 40% of agentic AI projects will be scrapped by 2027, Gartner says
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More than 40% of agentic artificial intelligence projects will be canceled by the end of 2027 due to escalating costs and unclear business value, according to a report by Gartner.
Why is it important?
Tech giants such as Salesforce and Oracle have embraced AI agents, systems that can autonomously complete goals and take action, pouring billions into the technology in the hopes of boosting margins and optimizing costs. Many vendors are engaging in “agent washing” – the rebranding of products such as AI assistants and chatbots without significant…
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