Moving beyond the AI hype to create real value

The Punchline

The article discusses the significant challenges faced by private markets firms in successfully implementing AI initiatives, highlighting research that shows a mere 5% success rate. It emphasizes the need for these firms to focus on generating real value from their AI efforts rather than getting caught up in the hype.

Why You Should Read This

Understanding the barriers to successful AI implementation is crucial for investors seeking to leverage technology in their decision-making processes.

Who This Is For

This article is aimed at institutional investors, private equity professionals, and asset managers involved in integrating technology into their investment strategies.

Investor Implications

Firms investing in AI must adopt a more strategic approach to their initiatives, focusing on realistic outcomes and value creation. This shift in perspective could impact how funding is allocated and the selection of technology partners in the private equity space.