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2024-09-30 16:23:16
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Bank of America Survey Forecasts AI Will Significantly Boost Corporate Profits
Amid widespread skepticism among companies regarding generative artificial intelligence (Gen AI), consulting firm Deloitte reports challenges in bringing projects to production, while research firm Gartner predicts that many projects will be abandoned. However, a recent survey by investment bank Bank of America (BofA) reveals that Gen AI could significantly increase corporate profits. 'Analysts at BofA Global Research found that Corporate AI's