Generative AI does nothing for 95 percent of companies

U.S. companies have invested $35-40 billion in Generative AI, but 95% of enterprises report no benefit according to MIT research. Only 5% have successfully deployed AI tools at scale, with Tech and Media sectors seeing material impact. The GenAI failure stems from systems' inability to retain data and adapt, though job cuts are occurring in non-core functions like customer support and admin processing.