AI

Douzone Bizon CEO: 88% AI Failure Figure Means Incomplete Data Cleanup

Ji Yong-gu said at AI Festa 26 that stalled AI adoption reflects unfinished digital transformation, not a flaw in AI itself.

Ji Yong-gu, CEO of Douzone Bizon, said reports claiming 88% of AI adoptions fail should be read as a state in which data cleanup is incomplete rather than as a failure, speaking at the AIR showcase, a side event of AI Festa 26 held at COEX in Seoul on the 7th, according to zdnet.co.kr.

Ji said companies that see AI-driven productivity gains share completed digital transformation as a common factor. He added that Douzone Bizon holds weekly AI training sessions for CEOs and managers.

Douzone Bizon has supplied ERP products with embedded AI to a cumulative 14,027 companies over two years. Ji said about 8,000 companies are actually using the product, and 6-8% of them achieved productivity improvements through AI.

Earlier failure figures

Last year an MIT report claiming 95% of AI adoptions fail was widely cited, according to Ji. This year, a figure saying 88% of AI adoptions did not succeed has been circulating, he said.

Quick answers

What did Douzone Bizon's CEO say about the 88% figure?

Ji Yong-gu said reports claiming 88% of AI adoptions fail should be read as a state where data cleanup is incomplete rather than a failure.

How many companies has Douzone Bizon supplied with AI-embedded ERP?

The company has supplied ERP products with embedded AI to a cumulative 14,027 companies over two years, according to Ji.

Where did Ji Yong-gu speak?

He spoke at the AIR showcase, a side event of AI Festa 26 held at COEX in Seoul on the 7th.

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