CEOs and boards are obsessed with AI hype, but most companies are stumbling when it comes to actually using it effectively. Instead of measured adoption, firms are slashing roles, claiming workers can’t be retrained fast enough.
Accenture alone cut more than 11,000 jobs this year. “Value realization [of AI] has been underwhelming for many and enterprise adoption at scale is slow, other than with digital natives,” Accenture CEO Julie Sweet said during a recent company earnings call.
Microsoft, Intel, Salesforce, and Dell have followed suit: trimming staff while funneling billions into AI projects.



